Opinion | Fitch Tells the Federal Reserve to Wake Up

  • 📰 WSJ
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

From WSJopinion: The Fitch downgrade is a clarion call to rethink fiscal, monetary and regulatory policies, writes DavidRMalpass

Journal Editorial Report: But where's the recession everyone predicted? Images: Getty Images Composite: Mark Kelly

The essence of Fitch Ratings’ Tuesday decision to downgrade U.S. Treasury debt: We’re experiencing a slow-motion fiscal train wreck, not a “soft landing,” and it’s draining global capital and endangering the dollar.Continue reading your article with

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Opinion | Three takeaways on Fitch’s weird downgrade of the U.S. credit ratingAmericans should not panic. But they also should not be complacent about the nation's long-term debt problem.
Source: washingtonpost - 🏆 95. / 72 Read more »

Fitch US Ratings Downgrade is Fine for Bitcoin (Opinion)The fact that Fitch downgraded the US government's credit rating is not a problem for Bitcoin.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Wall Street ends down, investors step back after Fitch US rating cutWall Street finished lower on Wednesday, with the S&P 500 and Nasdaq Composite down for a second straight day as investors took profits on five months of gains a day after rating agency Fitch cut the U.S. government's credit rating.
Source: Reuters - 🏆 2. / 97 Read more »

Biden administration official blames Trump, Jan. 6 for Fitch AAA US downgradeAn official in President Biden's administration blamed former President Donald Trump and the Jan. 6 riots for the downgrade in the U.S.' credit rating.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Stock market news today: Indexes fall as Fitch downgrades US debtStocks fall as Fitch's downgrade of US debt rating rattles confidence
Source: BusinessInsider - 🏆 729. / 51 Read more »