Fitch Warns It May Cut U.S. Credit Rating From AAA -- Reuters
(Reuters) - Fitch Ratings warned on Tuesday it could cut the sovereign credit rating of the United States from AAA, citing the political brinkmanship over raising the federal debt ceiling.
"Although Fitch continues to believe that the debt ceiling will be raised soon, the political brinkmanship and reduced financing flexibility could increase the risk of a U.S. default," the firm said in a statement.
The firm put its opinion about the creditworthiness of U.S. government debt on what its calls Ratings Watch Negative, a reflection of the increasing risk of a near-term default if the debt limit is not raised in time.
It gave itself until the end of the first quarter of 2014 to decide whether it will actually cut the rating.
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More News On Fitch Putting The U.S. Credit Watch
Fitch warns it may lower U.S. credit rating -- CBS/AP
Debt ceiling: Fitch puts US credit rating under review -- BBC
Fitch puts U.S. credit rating on downgrade watch over debt fight -- L.A. Times
U.S. Debt Rating Put on Watch by Fitch -- Wall Street Journal
U.S. AAA Rating Put on Negative Watch by Fitch on Delayed Budget -- Bloomberg
Credit Agency Places U.S. on ‘Ratings Watch’ -- New York Times
Fitch issues warning on U.S. credit rating -- USA Today
Fitch puts US AAA rating on rating watch negative -- CNBC
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