Fitch Ratings has reaffirmed the 'AA+' credit rating for the United States with a stable outlook, based on the country's economic strengths despite existing fiscal challenges.
Confirmation of 'AA+' Rating for the U.S.
As of August 22, 2025, Fitch has affirmed the 'AA+' rating for the United States, emphasizing factors such as economic size and the status of the U.S. dollar as the global reserve currency. Fitch projects a mixed fiscal outlook, with deficits expected to decrease initially before rising again by 2027.
Impact of Rating on Market
Maintaining the 'AA+' rating secures the U.S.'s access to low-cost capital. However, given high debt levels and deficits, careful management of upcoming borrowing costs is necessary. Market reactions to this affirmation were subdued, yet the rating helps preserve existing financial arrangements.
Historical Rating Changes and Their Market Impact
Historically, in 2011, the U.S. experienced a downgrade from S&P, resulting in a notable increase in Bitcoin and gold prices, highlighting the historical correlation between credit ratings and safe-haven asset movements.
The 'AA+' rating from Fitch reflects the resilience of the U.S. financial system, but with existing fiscal risks, future policy must focus on debt management and economic strategies.
