S&P Affirms U.S. Sovereign Ratings At 'AA+'
S&P Affirms U.S. Sovereign Ratings At 'AA+' WASHINGTON (dpa-AFX) - S&P Global Ratings affirmed the sovereign ratings of the U.S. at 'AA+' with 'stable' outlook on Tuesday. The agency maintained the ratings citing its strong institutions, diversified and resilient economy, coupled with monetary policy flexibility, and unique status as the issuer of the world's leading reserve currency. However, S&P observed the ratings were constrained by high general government debt and fiscal deficits, both of which worsened last year following the economic shock caused by the pandemic. Despite large projec...