S&P affirms 'AA+' credit rating for US, cites economic resilience

June 26 - S&P Global affirmed its "AA+" credit rating for the U.S. on Friday, saying the economy's ‌resilience supported solid fiscal revenue collection.

The ratings agency ‌said it expected the U.S. economy to grow at around 2% over ​2026 to 2029, adding that despite heightened political polarization, strong institutions and the system of checks and balances will continue to anchor policy outcomes.

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"Broad revenue buoyancy, including solid tariff income, ‌should help mitigate ⁠the risk of fiscal slippage," it said.

The U.S. economy grew faster than previously estimated in ⁠the first quarter, with the gross domestic product increasing at an upwardly revised 2.1% annualized rate. Economists polled by Reuters ​had expected ​that GDP growth would be ​unrevised at a 1.6% ‌rate.

The boost to growth from lower imports was partially offset by a sharp downgrade to consumer spending, which accounts for more than two-thirds of the economy.

S&P, which became the first ratings agency

Fuente original: Yahoo Finance (https://finance.yahoo.com/economy/policy/articles/p-affirms-aa-credit-rating-204229065.html)