Fitch downgrades US credit rating from AAA to AA+
www.bbc.com
The rating agency Fitch says it expects a deterioration in the government's finances over three years.

Treasury Secretary Janet Yellen called the downgrade “arbitrary”.

“Fitch’s decision does not change what Americans, investors & people all around the world already know: that Treasury securities remain the world’s preeminent safe & liquid asset, and that the American economy is fundamentally strong,” Yellen has said.

  • Rentlar
    6·
    1 year ago

    I mean it’s reflective of the actions of Wall Street and the Federal Reserve over the last 20 years (and primarily under Republican presidents)