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Fitch downgraded U.S. credit rating for these four reasons

Por: Newsweek Business August 02, 2023

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Fitch Ratings, one of three large credit analysis agencies, downgraded the U.S. government's credit rating on Tuesday, citing a number of reasons for its decision, including rising public debt and the possibility that America will slide into a mild recession.The federal government now carries a rating of AA+, down one rung from AAA, the highest possible rating. Fitch also criticized America's political polarization and said high... + full article



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