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User ID: 18694050 North Macedonia 07/10/2012 06:29 PM Report Abusive Post Report Copyright Violation | BREAKING: Fitch affirms US’ top AAA rating Fitch Ratings has affirmed the United States’ long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘AAA’. However, the rating outlook on the long-term rating remains Negative. The decision to leave the world’s largest economy its top credit rating is underpinned by its “highly productive, diversified and wealthy economy,” the agency says in its report. Fitch also noted the US’ monetary and exchange rate flexibility and the “exceptional financing flexibility” afforded by the global reserve currency status of the US dollar. Turbulence in the country’s financial sector pose certain fiscal and macroeconomic risks, but those remain moderate and are diminishing, says Fitch Ratings. The respect for property rights, the rule of law and “high degree of political and social stability” are named as factors working for the US sovereign credit profile. At the same time, a degree of uncertainty regarding US fiscal policy still remains, while the space for its significant stimulus is much diminished. The outlook is also aggravated by the European debt crisis and recession. [ link to rt.com] Last Edited by Stephog on 07/10/2012 06:29 PM |
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User ID: 18694050 North Macedonia 07/10/2012 06:32 PM Report Abusive Post Report Copyright Violation | Re: BREAKING: Fitch affirms US’ top AAA rating |
Anonymous Coward User ID: 19361295 United Kingdom 07/10/2012 06:34 PM Report Abusive Post Report Copyright Violation | Re: BREAKING: Fitch affirms US’ top AAA rating Fitch LIVES! |
Anonymous Coward User ID: 18304550 United States 07/10/2012 06:35 PM Report Abusive Post Report Copyright Violation | Re: BREAKING: Fitch affirms US’ top AAA rating Yup bought and paid for. |
Anonymous Coward User ID: 19509414 United States 07/10/2012 06:40 PM Report Abusive Post Report Copyright Violation | Re: BREAKING: Fitch affirms US’ top AAA rating Fitch affirms that they are totally irrelevant "yes" men ..... and little else. |
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User ID: 18694050 North Macedonia 07/10/2012 06:53 PM Report Abusive Post Report Copyright Violation | Re: BREAKING: Fitch affirms US’ top AAA rating |
Anonymous Coward User ID: 8324331 United Kingdom 07/10/2012 06:59 PM Report Abusive Post Report Copyright Violation | Re: BREAKING: Fitch affirms US’ top AAA rating |