The classification agency S&P has confirmed the AA + rating from the United States, with steady vision – international

The classification agency S&P has confirmed the AA + rating from the United States, with steady vision – international

S&P Risk Rating Agency; Tuesday (16) reaffirmed the United States debt to AA + rating, giving it a stable perspective, which indicates that it is unwilling to change the rating in the short term.

The note is based on “the strength of institutions, a diversified and resilient economy, a greater flexibility of monetary policy and an issuer position of the most important currency in the world system”, said the classifier, who also noted that the effects of the debt epidemic Due to this, the deficit further increased in 2020.

Last week, the United States Congress approved a third relief plan for the $ 1.9 billion US economy, following two initiatives launched at the beginning of the epidemic to help families and businesses.

s & P; He intimated that he expected an unprecedented gradual withdrawal of fiscal support and that the debt would stabilize in the coming years.

This year, according to a recent calculation by the Congressional Office of Congress (CBO), the United States will hit its second-largest fiscal deficit since World War II, estimated at $ 3.1 trillion.

The credit agency stated that the stable outlook is based on the assumption that the negative and positive factors affecting the US economy will remain balanced for the next three years.

READ  Amazon steps up against Spotify and buys podcast network OneDi

About the author: Sarah Gracie

"Proud social media buff. Unapologetic web scholar. Internet guru. Lifelong music junkie. Travel specialist."

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *