Month: August 2023

Fitch Downgrades US Credit Rating

The US government’s credit rating has been downgraded following concerns over the state of the country’s finances and its debt burden.Fitch, one of three major independent agencies that assess creditworthiness, cut the rating from the top level of AAA…

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Dollar Shaky after US Credit Rating Downgrade

The dollar struggled to make headway on Wednesday after a cut on the US government’s top credit rating by Fitch raised questions about the country’s fiscal outlook, though it drew some support from a relatively resilient run of economic data.Rating ag…

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