NEW YORK (Reuters) – Fitch Ratings said on Wednesday it will decide next month whether the United States deserves to keep a stable outlook on its AAA credit rating, after it concludes a review of the country's economic and fiscal outlook.
David Riley, Fitch's main analyst for the United States, said the decision will take into account a final budget agreement in Washington to reduce the country's deficit in the medium- to long-term.
"To some extent we are a little bit on hold because we want to see what comes out from the current negotiations," Riley told Reuters in an interview.
"As soon as an agreement is reached and has been announced, we will incorporate that into our analysis and we'll make a comment on the U.S. sovereign rating and its outlook -- hopefully by the mid of August."
(Reporting by Walter Brandimarte; Editing by Chizu Nomiyama)
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