S&P Global Ratings maintained the AA+/A-1+ grade for U.S. sovereign credit, citing continued economic resilience and a stable fiscal and monetary environment.
On August 19, S&P Global Ratings reaffirmed the United States’ AA+/A-1+ sovereign credit rating and maintained a stable outlook. The rating reflect’s S&P’s view of the U.S.’s sustained economic resilience, credible and effective monetary policy, and a high but stable fiscal deficit that supports manageable debt dynamics. The decision also follows a $5 trillion increase in the U.S. debt ceiling and includes expectations that higher effective tariff rates will offset fiscal pressures from recent tax-and-spending measures. These developments occur alongside ongoing reforms to the international trade system and Congress’ earlier approval of the Trump administration’s flagship tax-and-spending bill.