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Moody's affirms United States AAA rating - Reuters

As reported by Reuters, Moody's rating agency has reaffirmed the United States' triple-A rating, though not without some caveats.

Key quotes:

"Ratings agency Moody’s on Wednesday maintained the United States’ top-notch “Aaa” credit rating, saying the country’s “exceptional” economic strength would counterbalance lower fiscal strength."

"(Moody's) said it expects Washington to resolve its recent trade dispute with China."

"Moody’s said it expects U.S. federal budget deficits to widen over the medium term, but that the country’s strong economy and strong institutions would counterbalance lower fiscal strength."

"Standard & Poor’s is the only one of three major U.S. bond agencies that does not currently assign the top-notch AAA-rating to the world’s biggest economy."

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