Economics

U.S. Credit Rating Affirmed by S&P With Stable Outlook

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The U.S.’s AA+ credit rating was affirmed by Standard & Poor’s, which cited the resiliency and diversity of the economy, almost three years after downgrading the nation for the first time amid political wrangling.

There is a less than one-in-three probability that the ranking will change in the next two years, the New York-based company said in a statementBloomberg Terminal today. The outlook on the rating is stable.