October 16, 2013 at 10:34 AM EDT
Fitch Puts 'AAA' Credit Rating on USA on Watch for a Downgrade
On a press release on Tuesday, Fitch announced that US’s government’s AAA rating will but put under “rating watch negative” as the discussion on the debt ceiling approaches the default deadline with impasse in Washington. Fitch is one of the nation's three largest credit rating agencies along with Moody's (NYSE:
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