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Bitcoin.com 2023-06-04 03:30:24

Fitch Maintains Negative Watch on US Rating Despite Debt Limit Resolution

Although the U.S. has averted defaulting on its debt obligations, Fitch Ratings still has concerns about the country’s ability to repay its debt. As a result, the credit rating agency has placed the U.S. “AAA” rating on negative watch, emphasizing that recent events have lowered “confidence in governance on fiscal and debt matters.” Fitch Ratings

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