Fitch Cuts Indonesia Outlook to Negative: What Investors Must Know Now

TL;DR

**## What Happened

Fitch Ratings, one of the three major global credit rating agencies, has revised its outlook on Indonesia's long-term sovereign cred**

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The Facts

What Happened

Fitch Ratings, one of the three major global credit rating agencies, has revised its outlook on Indonesia's long-term sovereign credit rating from Stable to Negative, according to reports from Channel News Asia and Tempo. The BBB rating itself — which sits at the lowest tier of investment grade — was affirmed and not cut. A Negative outlook, however, is a formal warning signal: it means Fitch considers a downgrade to sub-investment grade (BB+, or 'junk') more likely than no

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Next Steps

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