Credit rating agency Fitch withdrew its valuable AAA rating from the United States on Tuesday and downgraded it by one notch to AA, a first since 2011, citing in particular an “erosion of governance” linked to the crises. repeatedly on the debt ceiling. The agency justified its decision in the first place on the consequences of “repeated deadlocks on the debt ceiling and last-minute resolutions”.
Fitch warned at the end of May that it could downgrade the United States’ rating because of the risk of default.
“Furthermore, only limited progress has been made to address the medium-term challenges related to rising pension and health insurance costs due to the aging population,” he further underlined. rating agency. The outlook changes from negative to stable, which means that Fitch does not anticipate any further deterioration in the short term.
