Fitch Splits With Moody’s on U.S. Debt Ceiling Resolution
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Fitch Ratings is splitting with Moody’s Investors Service on the significance of when lawmakers agree on extending the U.S. debt ceiling when it comes to the nation’s credit ratings.
The timeliness of government actions will determine how it resolves a negative outlook on its top AAA rating, Fitch said in a statement today. The Feb. 7 deadline is unlikely to affect its Aaa credit grade, Moody’s said, with the U.S. expected to increase the $16.7 trillion debt limit.