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
