Fitch puts U.S. AAA rating on negative watch over debt ceiling

Written by on May 24, 2023

  • Fitch put the United States' AAA long-term foreign-currency issuer default rating on negative watch, pointing to brinksmanship over the debt ceiling.
  • Futures linked to the Dow Jones Industrial Average slipped after Fitch issued the warning.
  • House Speaker Kevin McCarthy earlier offered hope that his negotiators and the White House's team would reach a deal before next week's expected deadline.

Visitors walk on the plaza at the U.S. Capitol in the midst of ongoing negotiations . . .



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