Business
2023.08.03 18:25 GMT+8

BizBeat Ep. 707: Fitch downgrades U.S. to 'AA+', expecting fiscal situation to worsen

Updated 2023.08.03 18:25 GMT+8
CGTN

International credit rating agency Fitch Ratings on Tuesday downgraded U.S. long-term foreign-currency issuer default rating from "AAA" to "AA+". They said the fiscal situation in the U.S. is expected to worsen over the next three years with "high and growing" government debt. In this episode of BizBeat, CGTN's Olivia He explains.

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