US Credit Worthiness Downgrade Will Slow Economic Growth: Vance Ginn

Chris Beers
By Chris Beers
August 3, 2023NTD News Today
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Global financial ratings firm Fitch Ratings downgraded the United States creditworthiness from AAA to AA+. Vance Ginn, President of Ginn Economic Consulting and Former Chief Economist for the Office of Management & Budget, said this will increase interest rates in the United States and slow economic growth.