Reported 1 day ago
Fitch has affirmed the United States' credit rating at 'AA+', citing the country’s high-income economy and global reserve currency status, despite concerns over rising debt levels and fiscal deficits. While expected tariff revenues may help reduce the deficit in the short term, Fitch warns of increasing vulnerabilities due to the long-term debt trajectory, projecting a rise in debt-to-GDP ratio to 127% by 2027.
Source: YAHOO