Core Points - The European credit rating agency has downgraded the U.S. sovereign credit rating from "AA" to "AA-" due to deteriorating public finances and declining government governance standards [1] - The report predicts that without substantial reforms, U.S. government debt as a percentage of GDP could rise to 140% by 2030, significantly higher than most sovereign nations [1] - The agency has assigned a "stable" outlook for the U.S. rating, indicating balanced risks for upgrades and downgrades in the next 12 to 18 months [1] Financial Condition - The U.S. public finances are characterized by persistently high fiscal deficits, rising interest expenditures, and limited budget flexibility, leading to an ongoing increase in government debt levels [1] - As of October 21, the total U.S. federal government debt has surpassed $38 trillion, marking a significant increase from $37 trillion just two months prior [2] Governance Issues - The report highlights a decline in governance standards, citing the concentration of executive power and instances of the Trump administration ignoring court orders, which has increased policy unpredictability and risk of policy errors [1] - The uncertainty in tariff negotiations with major trading partners exemplifies the governance challenges faced by the U.S. [1] Rating Agency Actions - Other rating agencies have also downgraded U.S. ratings, with Fitch downgrading the outlook for 25% of U.S. industries to "negative" due to increased uncertainty and anticipated prolonged high interest rates [3] - Moody's downgraded the U.S. sovereign credit rating from AAA to AA1 earlier this year, citing rising government debt and interest payment ratios [3] Economic Impact - The ongoing government shutdown, which has lasted for 24 days as of October 24, is projected to reduce economic growth by 0.1 to 0.2 percentage points for each week it continues [2] - The shutdown has set a record for the second-longest government closure in U.S. history, further complicating the fiscal landscape [2]
美国评级，突遭下调！发生了什么？
Zheng Quan Shi Bao·2025-10-25 15:02