S&P affirms the USA credit rating

In the statement made by the credit rating agency, it was reported that the credit rating of the USA was confirmed.

In the statement, it was stated that the long-term credit rating of the USA was confirmed as "AA+" and the short-term unsolicited credit rating as "A-1+".

Stating that the country's credit rating outlook is maintained as "stable", the country's ratings reflect its diversified and resilient economy, extensive monetary policy flexibility and its unique status as the world's leading reserve currency issuer.

In the statement, it was stated that the US ratings were limited by high public debt and gradually decreasing fiscal deficits, which are likely to stabilize after a sharp rise caused by the economic shock of the Kovi-19 outbreak.

In the statement of S&P, it was stated that the "stable" credit rating outlook of the country is an indicator of the "moderate" economic growth expectation for this year and 2023.

The statement warned that the country's rating could be downgraded in the next 2-3 years if unexpected negative political developments put pressure on the resilience of American institutions or jeopardize the dollar's status as the world's leading reserve currency.

It was noted that the US economy is expected to grow by 3 percent this year, 2.4 percent in 2023 and 2 percent in 2024.