TechFlow, August 23 — According to Jinshi News, Fitch Ratings has reaffirmed the United States' sovereign credit rating at "AA+" with a stable outlook. Fitch stated that the U.S. sovereign rating benefits from its large economic scale, high per capita income, dynamic business environment, and the unique financing flexibility provided by the U.S. dollar as the world's primary reserve currency.
However, the rating is constrained by high fiscal deficits, heavy interest burdens, and elevated and rising levels of government debt. The U.S. has not yet taken meaningful action to address its large fiscal deficits, increasing debt burden, or the imminent rise in expenditures linked to an aging population.
Fitch forecasts that, driven by significant revenue growth, the government deficit will decline to 6.9% of GDP in 2025 from 7.7% in 2024, then rise to 7.8% of GDP in 2026 and further increase to 7.9% of GDP in 2027.
