Moody's affirms U.S. AAA rating despite rising debt

Wed May 27, 2009 11:30am EDT
 
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NEW YORK (Reuters) - Moody's Investors Service on Wednesday affirmed the AAA credit rating of the United States, assuaging fears about U.S. creditworthiness that have been creeping up in financial markets.

The rating agency said the U.S. economy's long-term resilience and key role in global affairs should bolster its ability to resume a strong performance following the current recession.

(Reporting by Pedro Nicolaci da Costa, Editing by Chizu Nomiyama)

 

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