Fitch keeps US credit rating on negative watch

In the statement made by Fitch, it was stated that despite the debt limit agreement, the US credit rating of “AAA” continues to be monitored for a possible downgrade. “Although the resolution of the US debt-limit impasse allows the government to meet its obligations, Fitch Ratings, as we evaluated the full implications of the recent policy of escalation and the outlook for the medium-term fiscal and debt trajectory, […]

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