Shock U.S. credit rating downgrade by Fitch rings alarm bells about economy

Shock U.S. credit rating downgrade by Fitch rings alarm bells about economy

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Fitch Ratings' surprise downgrade of the U.S. long-term credit rating from AAA to AA+ on Tuesday has angered the White House and the Treasury, with Secretary Janet Yellen calling the decision "arbitrary and based on outdated data." While the decision comes after the Biden administration managed to…

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