Saying that the United States' key pillars of creditworthinessare intact, Fitch Ratings today said it was keeping its AAA ratingon U.S. credit.
|In its announcement, the ratings company said those pillarsinclude the country's “pivotal role in the global financial systemand the flexible, diversified and wealthy economy that provides itsrevenue base. Monetary and exchange rate flexibility furtherenhances the capacity of the economy to absorb and adjust to'shocks'.”
|The country's debt ratings have been the subject of concernsince Standard & Poor's downgraded its rating earlier thismonth on Treasury bonds, a downgrade that took someNCUA issues along with it.
|Rating service Moody's also kept the AAA rating but said it wasconcerned about the country's financial health.
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