The US still deserves a triple A credit rating with a stable outlook, Fitch Ratings said on Tuesday, highlighting the different tacks that leading agencies have taken on US creditworthiness.
Fitch’s decision to reaffirm the pristine credit of the US came after Standard & Poor’s shocked markets with a downgrade to double A plus and Moody’s took the middle road, keeping a top notch rating but cutting its outlook to negative.
The Fitch decision shows that while there is not a vast disagreement between the agencies on the trajectory of US debt, they take different views on the recent debt ceiling deal, and on the potential for the US political system to produce more savings.