Fitch: Regardless of the election outcome, the US fiscal situation will remain fundamentally unchanged

2024-08-29 17:05:02

BlockBeats news, on August 30, Fitch confirmed the United States’ rating as AA+ with a stable outlook. The U.S. rating is supported by structural advantages but constrained by deficits, Interest burden, and debt. Fitch expects the Fed to cut interest rates for the first time in September. Despite differences in economic goals between U.S. Vice President Harris and former President Trump, it is still believed that the basic fiscal situation of the United States will remain fundamentally unchanged. (FX168)

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