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Fitch affirms U.S. AAA rating, outlook still negative

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Reuters NEW YORK
Last Updated : Jun 29 2013 | 2:45 AM IST

NEW YORK (Reuters) - Fitch Ratings on Friday affirmed the United States' top level credit rating at AAA but held the outlook at negative, citing still elevated debt levels that leave it vulnerable to shocks unless more deficit reduction measures are adopted.

The affirmation reflects strong economic and credit fundamentals, the firm said in a statement.

Fitch said it will conduct a further review of the credit rating by the end of 2013. (Reporting by Daniel Bases and Pam Niimi; Editing by James Dalgleish)

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First Published: Jun 29 2013 | 2:31 AM IST

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