May 01, 2015

Fitch rating down grades Japan's credit rating from A+ to A

10,000 yen note

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"Fitch Ratings downgraded Japan's credit rating by one notch after the government failed to take steps in this fiscal year's budget to offset a delay in a sales tax increase...Fitch cut its rating on Japan by one notch to A, which is five notches below the top AAA rating. "







Source: Fitch downgrades Japan, joins Moody's in warning on fiscal policy
April 28, 2015
Stanley White
The Age newspaper





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