Fitch May Downgrade US AAA Rating, But Debt Default Probability Is Very Low

Fitch said it would place the U.S. AAA rating on negative watch list. Fitch may downgrade the U.S.' AAA rating. But the probability of debt default remains low. The total U.S. government deficit is forecast to be 6.5% of GDP in 2023 and 6.9% of GDP in 2024.

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