Insider (August 2)
2023/ 08/ 03 by jd in Global News
“Fitch shocked the markets when it cut the US government’s credit score Tuesday at a time when the economy appears to be in a stable state.” The downgrade from AAA to AA+ has been widely criticized, “from top Biden administration officials to Wall Street,” with “market thinkers” labelling it “bizarre,” “puzzling,” “unwarranted,” “strange” “inept” and “ridiculous.”
Tags: AA+, AAA, Bizarre, Credit score, Criticized, Downgrade, Economy, Fitch, Inept, Markets, Puzzling, Shocked, Stable, Strange, U.S. Government, Unwarranted, Wall Street
