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Fitch decision to put United States rating down

Fitch Places United States’ ‘AAA’ on Rating Watch Negative

Fitch Ratings-New York/London-15 October 2013: Fitch Ratings has placed the United States of America’s (U.S.) ‘AAA’ Long-term foreign and local currency Issuer Default Ratings (IDRs) on Rating Watch Negative (RWN). The ratings of all outstanding U.S.sovereign debt securities have also been placed on RWN, as has the U.S. Short-term foreign currency rating of ‘F1+’. The Outlook on the Long-term ratings was previously Negative. The U.S. Co…
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mag 16 Oct.

It is clear, the question is Moodys and S&P

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mag 16 Oct.

Thanks Anna.

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Fitch places US on AAA watch negative

Fitch warning they may cut the US ‘AAA’ rating.
Fitch citing the fact that authorities have not raised the federal debt ceiling in a timely manner before the Treasury exhausts extraordinary measures
Fitch says they believe the debt ceiling will be raised soon but that “Political brinksmanship and reduced financing flexibility could increase the risk of a US default”
Say they will resolve the rating watch negative status by the end of Q1 2014
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