Fitch Downgrades US Credit Rating from ‘AAA’ to ‘AA+’ as Finances Decline and Political Clashes Escalate
Fitch Downgrades US Credit Rating from ‘AAA’ to ‘AA+’ in First Downgrade in 12 Years On the 1st of August, Fitch, one of the world’s top three credit rating agencies, downgraded the credit rating of the United States from ‘AAA’ to ‘AA+’. This marks the first time in 12 years that all three major credit […]
US Federal Reserve Raises Interest Rates as Timing of Rate Cut Remains Uncertain; Intel Returns to Profitability Through Restructuring
The US Federal Reserve Raises Interest Rates, Timing of Rate Cut Uncertain Last week, the US Federal Reserve (Fed) raised its benchmark interest rate by 0.25 percentage points, as anticipated. This signals the potential end of the long cycle of interest rate hikes. However, the market is still uncertain about the timing of a rate […]
I took a ‘coma’ in the US interest rate hike, but… uncertainty has increased
It was as expected. The US Federal Reserve (Fed) stepped on the brakes to raise the benchmark interest rate in 15 months. However, uncertainty about monetary policy appears to be increasing. Along with the announcement of the interest rate decision, the Fed hinted at the possibility of two more rate hikes within the year, but […]
