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US Credit Rating Downgraded

US Credit Rating Downgraded

Fitch Downgrades US Credit Rating For only the second time in US history, the credit rating of the United States was downgraded. Fitch Ratings, one of the Big Three credit rating agencies, lowered the US long-term rating from AAA to AA+. They said the downgrade reflects a worsening economy and runaway national debt. The impact … Read more