# Why did the US credit rating just get dinged?

- Link: https://www.widthness.com/why-did-the-us-credit-rating-just-get-dinged/
- Published: 2023-08-03T10:00:52-05:00
- Author: Curated by John Wysocki

Photo caption: A trader watches a monitor at the Frankfurt Stock Exchange in Germany in March, 2023. Photo credit: Boris Roessler / Picture Alliance via Getty Images. Article by Keren Landman. Vox – August 2, 2023.  On August 1, the Fitch Ratings agency downgraded the United States’ long-term credit rating from AAA to AA+ for only the second time in the nation’s history, in what’s generally seen as a signal of concern about the US’s creditworthiness. Many seemed perplexed by the move. Former Treasury Secretary Lawrence Summers called it […] Click here to view original web page at www.vox.com