US Stocks Fall on Fitch Downgrade but Economists Aren't Too Perturbed
US stocks are sharply lower after Fitch lowered US sovereign debt rating. Economists aren’t too perturbed by the downgrade though.
Source: learnbonds.com
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What to know about Fitch downgrading US debt
The United States had its credit downgraded by Fitch Ratings from AAA to AA+ on Tuesday, two months after Congress and the White House narrowly avoided the country defaulting on its debt obligations.
Source: washingtonexaminer.com