Fitch affirms U.S. AAA rating, disagrees with S&P

17 August 2011 04:31 am - 0 - {{hitsCtrl.values.hits}}

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NEW YORK: Fitch also kept a stable outlook on its U.S. AAA rating, less than two weeks after S&P downgraded the United States to AA-plus with a negative outlook.

The agency said, however, that it will revisit its decision at the end of the year. It threatened to slap a negative outlook on the rating at that time if lawmakers fail to implement the $2.1 trillion in savings that were agreed earlier this month or if the economy deteriorates significantly. (Retuers)

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Fitch affirms U.S. AAA rating, disagrees with S&P

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