9,523.31 TRY BIST 100 BIST 100
37.92 USD USD USD
5.25 CNY CNY CNY
40.95 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.36 TRY Interest Interest
73.01 USD Fossil Oil Fossil Oil
33.28 USD Silver Silver
4.89 USD Copper Copper
102.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,819.33 TRY Gold (gr) Gold (gr)

S&P affirms the USA credit rating

International credit rating agency Standard & Poor's (S&P) affirmed the US's long-term credit rating as "AA+" and short-term credit rating as "A-1+", while maintaining its credit rating outlook as "stable".

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.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Canadian Prime Minister Carney: “Our old relationship with the US is over”

Friday, March 28, 2025

Turkish and Italian business world to meet in Rome

Thursday, March 27, 2025

Nihat Uyar, the doyen of the iron and steel industry, passed away

Wednesday, March 26, 2025

Mucteba Bekcan, one of the leading names of the steel industry, passed away

Tuesday, March 25, 2025

Airstrikes in Yemen burden the iron and steel market

Tuesday, March 18, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now