March 16, 2023 21:43 GMT
/RATINGS: S&P Affirms The U.S. At AA+; Outlook Stable
S&P affirms the U.S. at AA+; Outlook Stable
- “The stable outlook reflects the U.S.'s institutional checks and balances, strong rule of law, and free flow of information that contribute to stability and predictability in economic policies. The resilience of American institutions, its economy, and the size and depth of its financial market sustain the U.S. dollar's status as the world's premier reserve currency and support policy flexibility. Such strengths are offset by comparatively weak public finances, with general government deficits around 5% of GDP annually, contributing to a net debt burden rising slowly toward 100% of GDP in the next couple of years.”
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