Fitch holds US rating on negative watch despite debt deal

US Fed's progress against inflation 'not assured': Powell
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Ratings agency Fitch is keeping the United States‘ “AAA” credit rating on negative watch, despite a bipartisan agreement on raising the debt limit this week to avert a catastrophic default.

While the resolution of the US debt ceiling impasse means the government will be able to meet its obligations, Fitch Ratings said it maintains a “Rating Watch Negative” on the United States “as we consider the full implications of the most recent brinkmanship episode and the outlook for medium-term fiscal and debt trajectories.”


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Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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