Will Fitch, Moody's, and/or S&P downgrade their long-term credit ratings or outlooks for the United States in 2023?
Closing Jan 01, 2024 08:01AM UTC
With a political fight looming over the US debt ceiling, there are concerns that US credit ratings could be downgraded (The Hill, AP). Fitch, Moody's, and S&P are the "Big Three" global credit rating agencies, which assign ratings on a borrower's likelihood of repaying its debts (Investopedia - Credit Rating). The outcome will be determined using data as reported by Trading Economics (Trading Economics). A downgrade to the outlook or a negative watch would count (Investopedia - Negative Watch).
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