Federal Deficit, Fitch Ratings | featured news

U.S. rating faces 2013 cut if no credible plan: Fitch

Fitch Ratings reiterated on Thursday it would cut its sovereign credit rating for the United States next year if Washington cannot come to grips with its deficits and create a "credible" fiscal consolidation plan.

 

Fitch may cut U.S. to "restricted default" in August

Fitch may cut U.S. to

The United States probably wouldn't be able to maintain its prized AAA sovereign ratings status if it suffered even a "technical" default on its debt, Fitch Ratings said on Wednesday.

 

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