Money Fitch downgrades U.S. credit rating. How could it impact the economy and you? August 1, 2023August 2, 2023 Paul Davidson, USA TODAY Comments Off on Fitch downgrades U.S. credit rating. How could it impact the economy and you? Fitch downgraded the nation's blue-chip credit rating a notch, citing the impasse in Congress over raising the U.S. debt ceiling and mounting debt.