Fitch Places US Credit Rating on Watch

Fitch Ratings has placed the US credit rating on rating watch negative. This indicates that the credit rating agency is considering a potential downgrade of the US credit rating in the future.

A credit rating is an assessment of a borrower’s ability to repay their debts. A downgrade in the credit rating can have significant implications for the cost of borrowing and the overall economy.

Potential Downgrade for US Credit Rating

It is not yet clear what has prompted Fitch to place the US credit rating on watch. The situation will be closely monitored by investors and policymakers.

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