One of the “Big Three” credit agencies lowered the United States’s rating by a tick on Tuesday, eliciting swift condemnation from Biden administration officials. Fitch Ratings downgraded the country’s Long-Term Foreign-Currency Issuer Default Rating from top-rated “AAA” to “AA+” in a move that could lead to higher interest rates and borrowing costs.
Read More: Daily Wire
Economists had been expecting consumer debt to grow by around $20 billion. The 1.8 percent rise is far lower than historically normal levels of four to five percent and much lower than the 5.9 percent growth seen in 2021 and eight percent growth in 2022. In April, consumer credit grew by at an annual rate of five percent.
Read More: Breitbart
Random Events, Free Will, Pre-destiny or Something Darker ?