Fitch Ratings keeps U.S. at top credit rating

Fitch Ratings keeps U.S. at top credit rating

By Christina Rexroad
The Associated Press

Published Aug 16, 2011 11:41AM MDT

New York • Fitch Ratings said Tuesday it will keep its rating on U.S. debt at the highest grade, AAA, and issued a “stable” outlook, meaning it expects the rating to stay there.
That’s better than the other two main ratings agencies: Moody’s lists the U.S. debt at AAA but says its outlook is negative. And Standard & Poor’s set off a maelstrom in the stock market last week after it took its rating on the U.S. down to the second-highest grade, AA-plus, for the first time.
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