Fitch’s recent downgrade of US sovereign rating from AAA to AA+ came as a mild surprise for markets. Though Fitch had placed US debt rating on review for downgrade on 24 May 2023, few investors expected the downgrade to happen. Nevertheless, as I explain below, we believe that the impact...
This came after a confusing day of reports: Standard & Poor's told the U.S. government early Friday afternoon that it was preparing to downgrade the U.S.'s triple-A credit rating but U.S. officials notified S&P that it had made a $2 trillion mathematical error. The error was in the...
S&P, one of the three major credit-rating firms, downgraded its rating for US debt Friday night - a move that has the potential to further spook global markets and drive up borrowing costs in the US. The reason for the downgrade, S&P said, was congressional dysfunction.Sappenfield, Mark...
(CBS/AP) NEW YORK - Credit rating agency Egan-Jones is downgrading its rating on U.S. debt to AA- from AA, citing Federal Reserve plans to try to stimulate the economy. The firm said the Fed's plans to buy mortgage bonds will likely hurt the economy more than help it. Egan-Jones ...
In the interim, they chose to issue a downgrade of the US credit rating, " Treasury statement said. " 在这期间,他们选择发布下调美国信用评级。 www.santaihu.com 3. Moody's, the international rating agency last month put US credit rating on a watch list. 上个月,国际穆迪评级公司将美国的信...
US debt rating downgrades, US economic trend Weak from fatigue The exchange rate risk of the US dollar has become the most important export business. Worry The problem. "90% of exports are in the US market, and all foreign exchange rates are exchanged in US dollars. Our company is too ...
And third, investor demand remains largely intact, given the US Treasury's position as the deepest, most liquid fixed-income market. Despite the resilience of the financial markets to the Fitch decision to downgrade the US' sovereign credit rating, it is still conceivable that government borrowing...
And third, investor demand remains largely intact, given the US Treasury's position as the deepest, most liquid fixed-income market. Despite the resilience of the financial markets to the Fitch decision to downgrade the US' sovereign credit rating, it is still conceivable that government borrowing...
Credit ratings agency Fitch on Tuesday downgraded the US government's credit rating over concerns about "growing debt burden" and "an erosion of governance." Fitch, one of three major independent agencies that assess creditworthiness, lowered the US ...
The US’s credit rating has been cut to AA+ from AAA, in an unexpected blow to the world’s biggest economy. The rating agency said its downgrade “reflects the expected fiscal deterioration over the next three years, a high and growing general government debt burden, and the erosion of ...