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Fitch confirmed the United States' rating as "AA+" with a stable outlook. Fitch expects the US government deficit to narrow to 6.9% of GDP by 2025; predicts the deficit will rise to 7.8% of GDP by 2026; projects the deficit will further increase to 7.9% of GDP by 2027; predicts that accelerating interest rate cuts in 2026 will help boost domestic demand in the first half of the year, leading to a rebound in economic growth to 2.1% in 2027; expects economic activity in the US to remain at a sluggish level of 1.5% in 2026 due to policy uncertainty and high inflation negatively impacting consumer spending.
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