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FITCH US DOWNGRADE

  • Gennadiy Goldberg, head of U.S. rates strategy at TD Securities, warns of a potential severe debt ceiling standoff in the U.S. in 2025, similar to the 2011 crisis, which could lead to another sovereign credit rating downgrade. Despite Congress suspe...

    21 Jun, 2024, 05.15 PM IST
  • Ratings agency Standard & Poor's downgraded France's credit score on Friday citing a deterioration in the country's budgetary position, a blow to Emmanuel Macron's government days before EU parliamentary elections. France's general government debt w...

    01 Jun, 2024, 12.10 PM IST
  • ​New York Community Bancorp faced its third credit-rating cut on Thursday as defaults worries from exposure to the beleaguered U.S. commercial real estate (CRE) took its toll on lenders in Europe and Asia.

    08 Feb, 2024, 09.05 PM IST
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  • ​the latest factor to prompt worry on Wall Street about U.S. political governance after a near-miss with a partial federal government shutdown this weekend and a debt ceiling crisis earlier this year.

    05 Oct, 2023, 08.05 AM IST
  • Fitch Ratings has warned that US banks, including JPMorgan Chase, could be downgraded if the agency further cuts its assessment of the operating environment for the industry. If Fitch were to lower its score to A+ from AA-, it would be forced to re-...

    15 Aug, 2023, 07.47 PM IST
  • As an investor in Indian equity markets, you must not fret over the US downgrade by Fitch and focus on stocks that you own in your portfolio over anything else. Make sure that they are fundamentally sound and hold them with patience.

    05 Aug, 2023, 01.13 PM IST
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  • Fitch, a top-notch global rating firm, recently downgraded United States' credit rating. So what does the downgrade mean? How it's going to affect the markets and everything. Here's everything you need to know about the downgrade. ETMarkets Decoder:...

    04 Aug, 2023, 06.43 PM IST
  • Steve Englander of Standard Chartered Bank believes that the panic caused by the Fitch downgrade of the US rating is a pure risk premium, with US CDS barely impacted. Englander also thinks that the US market will soon move past the downgrade as ever...

    03 Aug, 2023, 09.57 AM IST
  • Fitch Ratings' decision to downgrade US government debt has been seized upon by rival political factions as a new weapon of combat in their never-ending war, and finger pointing has already commenced. Although President Biden has yet to publicly com...

    03 Aug, 2023, 09.36 AM IST
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  • Fitch Ratings has downgraded US government credit from AAA to AA+ based on the medium-term fiscal outlook characterised by rising deficits and government debt. The downgrade is a signal that the US needs to get its budgetary process in order ahead o...

    03 Aug, 2023, 09.28 AM IST
  • U.S. Treasury Secretary Janet Yellen on Wednesday voiced more objections to Fitch Ratings' downgrade of the main U.S. credit rating, calling it "entirely unwarranted" because it ignored improvements in governance metrics during the Biden administrat...

    02 Aug, 2023, 11.35 PM IST
  • Early moves in U.S. financial markets on Wednesday indicated some aversion to riskier assets as investors assessed the impact of the surprise downgrade.

    02 Aug, 2023, 10.44 PM IST
  • Private payrolls rose by 324,000 jobs last month, the ADP National Employment report showed, more than an increase of 189,000 that economists polled by Reuters had forecast.

    02 Aug, 2023, 10.29 PM IST
  • The comments by Richard Francis on CNBC came a day after Fitch took the United States' top-tier AAA rating down a notch to AA+, drawing fiery pushback from the White House and Treasury Department.

    02 Aug, 2023, 10.16 PM IST
  • Several major brokerages said Fitch's downgrade was unlikely to result in a sustained drag on U.S. financial markets, noting that the economy was stronger than in 2011.

    02 Aug, 2023, 08.10 PM IST
  • With the downgrade, it becomes the second major rating agency after Standard & Poor's to strip the United States of its triple-A rating. The dollar fell across a range of currencies, stock futures ticked down and Treasury futures rose after the anno...

    02 Aug, 2023, 03.55 PM IST
  • Ratings agency Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.

    02 Aug, 2023, 01.28 PM IST
  • Asian stocks were also weighed by declines on Wall Street overnight. U.S. stock futures, the S&P 500 e-minis, pointed 0.2% lower on Wednesday. Fitch cut the United States by one notch to AA+ from AAA, citing fiscal deterioration, a decision announce...

    02 Aug, 2023, 08.14 AM IST
  • The U.S. dollar index and benchmark 10-year Treasury yields dropped after rating agency Fitch downgraded the U.S. government's top credit rating, citing fiscal deterioration over the next three years and growing general government debt burden.

    02 Aug, 2023, 07.58 AM IST
  • Fitch overnight downgraded the U.S. government's rating to AA+ from AAA, citing an expected fiscal deterioration over the next three years as well as a high and growing general government debt burden. It had placed the rating on watch for a possible...

    02 Aug, 2023, 06.18 AM IST