Tuesday saw the confirmation of the U.S. triple-A rating by Fitch Ratings. E ‘was less than two weeks since relegated the S & P long-term debt of the United States to AA + from AAA.
“The main pillars of the extraordinary credit of the United States remains intact:. His role in the global financial system, as well as rich and diversified economy and flexible, its revenue base supports Fitch said the ability to ‘economy for developed with the shock suffered by the Community is also characterized by exchange rates and monetary flexibility.
But the warning did not appear. It would probably change the perspective of U.S. debt from stable to negative congressional committee appointed to perform with as much as 1200 billion dollar deficit reduction did not reach agreement or if the recovery proves to be weak compared to what expectations.
This means that the probability of Fitch moved to 2 years is more than 50 percent. This compares to Moody is more casual than Moody confirmed the position of triple debt in the U.S. in the first half of August with the report itself would have to reduce its negative effects without hesitation.
There were three conditions on which the possibility of Moody relegating the rest of the United States – if the deficit reduction that was promised is not achieved in the face of the debt ceiling last year, in the case where there is a deterioration of the critical economic situation, or if the financial burden of the government increased interest rates higher.