USA keeps its top rating from Fitch
Moody's also has a Aaa rating on the USA with a stable outlook.
Standard & Poor's downgraded the US credit rating to AA+ on August 5, 2011 after lowering it's outlook in April of that year.
Curiously, just two weeks later the US government then started an investigation into S&P's role in the financial crisis. The CEO was also asked to step down by the board. Two years later the firm agreed to a $1.5 billion settlement related to ratings of MBS. No other ratings agency was charged.
Given all that, it's safe to say that the US isn't going to be downgraded by anyone else.
Fitch's comments:
- US government borrowing costs will rise more slowly over short term than expected in last review
- Now expects one further 25 bps hike in 2019 and one in 2020
- Global growth prospects have weakened but US economy is less exposed to slower trade than most of its peers
- US to grow faster than most advanced economies in 2019-20
- Expects debt limit to be raised in late Sept or early Oct