The rating agency says in its reasoning that US ratings are constrained by a high general government debt burden, but its "stable" outlook indicates an expectation of continued resilience in the US economy.

  • Says extraordinary monetary flexibility is key to sovereign rating
  • expects US GDP growth to slow to less than 1% in 2023, to average 1.6% over the next 3 years
  • US economy to grow at or near 2% in the tow or three years following 2023
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