Rating agency Fitch on Tuesday downgraded the U.S. government’s top credit rating, a move that drew an angry response from the White House and surprised investors, coming despite the resolution of the debt ceiling crisis two months ago. Traders’ immediate response was to embark on a safe-haven push out of stocks and into government bonds and the dollar. Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years and repeated
This content is restricted to site members. If you are an existing user, please log in. New users may register below.
