Fitch affirms US AAA credit rating, outlook still negative

Fitch Ratings on Tuesday affirmed its AAA credit rating on the United States and maintained a negative outlook, citing a diversified and wealthy economy that is undermined by the government’s inability to agree on deficit reduction measures.

Fitch affirms US AAA credit rating, outlook still negative

“The uncertainty over tax and spending policies associated with the so-called ‘fiscal cliff’ weighs on the near-term economic outlook,” Fitch said in a statement.

(curtsey : money control)

Rupesh Yatesh Dalal
Head Research Department


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