Fitch affirms U.S. at 'AAA'; outlook stable

US ratings agency Fitch has affirmed United States at 'AAA' rating and its outlook remains "stable".

Key headlines (via Reuters):

• It has affirmed issue ratings on united states' senior unsecured bonds at 'AAA', country ceiling at 'AAA'
• It has also affirmed short-term local- and foreign-currency is at 'F1+' and issue ratings on united states' short-term debt at 'F1+'.
• United States' economy is large, rich and diverse, with GDP per capita (at purchasing power parity), levels of human development above 'AAA' median
• U.S.'s 'aaa' rating is underpinned by sovereign's unparalleled financing flexibility as issuer of world's preeminent reserve currency
• U.S. government debt burden is a relative credit weakness compared with other 'aaa' sovereigns
• There is considerable uncertainty over short-term fiscal and borrowing outlook, but fitch assumes loosening in fiscal policy, led by tax cuts
• Fed to continue to raise interest rates cautiously over forecast period, with two further 25bps rises in 2017 and four in 2018
• 10-year horizon expects U.S. general government debt burden to rise by 12pp of GDP to 113% of GDP
• New U.S. administration's focus on deregulation, tax cuts has spurred higher business confidence and would be positive for growth if carried through