The Reliability of Credit Rating Agencies Today

The world of Credit Ratings has been hit with an unusually turbulent period in 2023, leaving investors questioning the trustworthiness of Credit Rating Agencies (CRAs). The SVB crisis earlier in the year raised doubts about the agencies’ ability to predict a crisis, and Moody’s and Fitch’s subsequent downgrades of the US and several banks have only added to the concerns. To shed light on this matter, Investing.com interviewed Ann Rutledge, a leading specialist in the field and CEO of Creditspectrum Corp/R&R Consulting.