Jun
26
S&P Affirms U.S. Rating, Expects Last-Minute Debt Fixes to Continue
ByS&P Global Ratings affirmed the U.S.’s sovereign credit score at AA+, the assessor’s second-highest grade, citing the country’s “diversified and resilient economy” while noting the impact of ongoing political wrangling on public finances.
S&P kept a stable outlook on the rating and said in a statement that it expects positive and negative factors to be “balanced” over the next two years. The current ranking already factors in the effect of American political divisions on the government’s ability to address public finance pressures, it said…
S&P Affirms U.S. Rating, Expects Last-Minute Debt Fixes to Continue