Tuesday, August 1, 2023
Fitch cuts US credit rating to AA+; Treasury calls it 'arbitrary'
Fitch cuts US credit rating to AA+; Treasury calls it 'arbitrary' https://ift.tt/VzgbY0e the downgrade, it becomes the second major rating agency after Standard & Poor's to strip the United States of its triple-A rating. The dollar fell across a range of currencies, stock futures ticked down and Treasury futures rose after the announcement. But several investors and analysts said they expected the impact of the downgrade to be limited.
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