Summary
- International credit rating agency Fitch said that even if a U.S. government shutdown occurs, it would not have a short-term impact on the sovereign credit rating and stable outlook.
- Fitch said the shutdown could cause short-term uncertainty, such as disruptions to administrative operations and delays in the release of economic indicators, but it does not pose a direct threat to debt repayment capacity or creditworthiness.
- Fitch added that if fiscal uncertainty persists over the long term, it could be a burden on the sovereign credit rating.
According to economic breaking news channel Walter Bloomberg on the 1st (local time), international credit rating agency Fitch Ratings said that even if a U.S. government shutdown (a temporary suspension of operations) occurs, it would not have a short-term effect on the United States' sovereign credit rating 'AA+' and its stable (Stable) outlook.
Fitch explained that a shutdown could cause short-term uncertainty, such as disruptions to administrative operations and delays in the release of economic indicators, but it would not pose a direct threat to the U.S.'s ability to repay debt or to its creditworthiness.
However, it added that if fiscal uncertainty persists over the long term, it could become a burden on the country's sovereign credit rating.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
