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Fitch reiterates U.S. downgrade warning

Reuters  |  LONDON 

LONDON (Reuters) - Fitch reiterated its warning on Wednesday that the United States could lose its prized triple-A credit rating if the country's debt ceiling is not raised in the coming months. The U.S. Treasury Department will exhaust all of its borrowing options and run dry of cash to pay its bills by late March or early April if Congress does not raise its borrowing limit, the Congressional Budget Office has said. Fitch's head of sovereign ratings James McCormack told Reuters that even if Washington then continued to make interest payments on its main government bonds, not meeting ...

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First Published: Wed, January 10 2018. 17:38 IST
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