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HomeNewsOpinionIs Fitch’s US downgrade a non-event?

Is Fitch’s US downgrade a non-event?

The US market’s reaction to the Fitch sovereign rating downgrade was a faint shadow of 2011’s Black Monday. But it appears to have rattled the Indian stock market more. Here’s why

August 04, 2023 / 07:51 IST
Is Fitch’s US downgrade a non-event?

Fitch’s concerns are long-term but short-term performance of the US economy has been quite promising

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