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

Itapirim: Charges between founders and purchasers mark judicial recovery - economy

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  FIVB Launches $ 300 Million Volleyball Worldwide Partnership to Promote Global Growth
Sarah Gracie

About the author: Sarah Gracie

Sarahis a reporter covering Amazon. She previously covered tech and transportation, and she broke stories on Uber's finances, self-driving car program, and cultural crisis. Before that, she covered cybersecurity in finance. Sarah's work has appeared in The Wall Street Journal, Bloomberg, Politico, and the Houston Chronicle.

Related Posts

Leave a Reply

Your email address will not be published.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