China’s Leading Credit Rating Agency Cuts US Credit Rating to A+

Nov. 09 (Bloomberg) — China’s Dagong Global Credit Rating Co. reduced its credit rating for the U.S. to A+ from AA, citing a deteriorating intent and ability to repay debt obligations after the Federal Reserve announced more monetary easing. The credit outlook for the U.S. is “negative,” as the Fed’s plan to buy government debt [...] continue reading the breaking news