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US economy remains resilient despite challenges

Shafaqna English– Fitch Ratings confirmed the United States’ sovereign credit rating at “AA+” with a stable outlook in its Thursday(13 Aug 2026) announcement. The agency justified its decision by highlighting the country’s expansive economic scale, its relatively high income per person, and the unique role of the dollar as the world’s premier reserve currency — factors that collectively reinforce the nation’s creditworthiness despite various fiscal challenges.

The US economy has proven resilient, according to Fitch, despite a challenging environment shaped by higher import duties, fiscal consolidation through spending cuts, stricter border controls, and growing uncertainty over the direction of economic policy. The ratings agency noted that this resilience is a reflection of the economy’s shock-absorbing capabilities and its overall adaptability, which continue to underpin its credit strength.

Source: Aawsat

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