Fitch cuts US rating outlook

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP

Although Fitch still assigns US to top AAA grade, it emphasized in its statement that reduced outlook indicates diminishing confidence that appropriate fiscal actions will be undertaken to put in order US finances. Fitch said the probability of downgrade in two years has exceeded 50%. Fitch cut the outlook after super-committee failed to agree on budget deficit reductions.

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