U.S. credit downgrade: Mohamed El-Erian says it’s ‘surprising’

Yahoo Finance, Released on 8/2/23 Ratings agency Fitch surprised a lot of people when it downgraded its rating on U.S. debt from AAA to AA+. Allianz Chief Economic Advisor Mohamed El-Erian tells Yahoo Finance Live that he was surprised by the move too, and that “what Fitch put in their statement has been true for […]