Posts Tagged
Fitch Ratings
Chicago Outlook Lifted to Stable by Fitch on Pension Improvement
published Aug 30th 2016, 1:19 pm, by Elizabeth Campbell (Bloomberg) — Chicago had its credit outlook raised by Fitch Ratings to stable because of the city’s work to shore up its retirement system and avert insolvency for the pensions that don’t have enough money to pay the benefits promised. “The
U.S. Top AAA Rating Affirmed by Fitch on Financial Flexibility
©2015 Bloomberg News NMRDP86JIJUS (Bloomberg) — The U.S. AAA credit rating was affirmed by Fitch Ratings Inc., which cited the strength of the nation’s economy, capital markets and status as the issuer of the world’s reserve currency. The U.S. budget deficit, which has narrowed from a peak of $1.4 trillion