Alpha Diallo
All posts from Alpha Diallo
Alpha Diallo in Alpha Diallo,

Fitch reverses Negative Watch on the U.S. on lack of trouble from congress

The rating agency Fitch removed the U.S. from the negative watch list and affirmed the country’s AAA rating with a stable outlook. As a result of congress passing a budget and resolving the debt limit issue without the routine political ranker, uncertainty from Washington is no longer a big factor at the current moment. However, Fitch warns that the negative watch can come back if brinkmanship returns to congress.