ChainCatcher message, according to Fitch's latest confirmation, the United States is rated 'AA+' with a stable outlook. Fitch stated that the U.S. sovereign rating benefits from its large economic scale, high per capita income, vibrant business environment, and the special financing flexibility afforded by the dollar as the world's primary reserve currency.
However, high fiscal deficits, heavy interest burdens, and elevated and rising government debt levels constrain this rating. The United States has yet to take meaningful action to address its large fiscal deficit, the increasing debt burden, and the impending expenditure growth issues related to an aging population.
Fitch forecasts that, driven by significant revenue increases, the government deficit as a percentage of GDP will decline from 7.7% in 2024 to 6.9% in 2025, before rising to 7.8% of GDP in 2026 and 7.9% in 2027. (Jinshi)