As US credit risk looms, former S&P officials see 2011 downgrade as vindicated

reuters.com/markets/us/us-credit-risk-looms-former-sp-officials-see-2011-downgrade-vindicated-2023-05-26

As the United States stares at the risk of a credit downgrade, former Standard & Poor's officials stood firm behind their seminal 2011 call to slash the country's rating as the right decision.
That downgrade came days after Washington narrowly averted a default, but S&P went ahead, cutting the U.S. pristine "AAA" to "AA-plus," citing heightened political polarization and…

This story appeared on reuters.com, 2023-05-26.
The Web's Most Comprehensive Business News Hub. Free to Use →