Top rating agency Fitch has downgraded the United States’s credit rating over its rising debt and a “deterioration in standards of governance”, prompting protests from the White House.Fitch, one of the big three rating agencies, on Tuesday dropped the credit rating to AA+, down one notch from the highest rating AAA.The lower credit rating, which provides investors with a guide of the risks associated with investing in the debt of a particular country, could over time raise borrowing costs for the US government.
Load More
Load More