April 5 (Reuters) - Fitch:
* FITCH AFFIRMS U.S. AT ‘AAA’; OUTLOOK STABLE
* FITCH SAYS U.S. SOVEREIGN RATING IS SUPPORTED BY STRUCTURAL STRENGTHS INCLUDING SIZE OF ECONOMY, HIGH PER CAPITA INCOME, DYNAMIC BUSINESS ENVIRONMENT
* FITCH ON U.S. SAYS TAX CUTS AND JOBS ACT PASSED IN DEC 2017 WILL LEAD TO HIGHER DEFICITS AND DEBT DESPITE SOME POSITIVE IMPACT ON NEAR-TERM GROWTH
* FITCH SAYS OUTLOOK FOR U.S. PUBLIC FINANCES HAS DETERIORATED SINCE THE LAST REVIEW
* FITCH SAYS FINANCING FLEXIBILITY IN THE U.S. REMAINS STRONG, BUT FISCAL FINANCING NEEDS WILL GROW SUBSTANTIALLY IN 2018 AND BEYOND
* FITCH SAYS FITCH EXPECTS U.S. GENERAL GOVERNMENT DEFICIT TO REACH 5 PCT OF GDP IN FY18 AND 6 PCT OF GDP IN 2019
* FITCH SAYS EXPECT THE U.S. FED TO RAISE ITS POLICY RATE BY A FURTHER 75BPS IN TOTAL IN 2018
* FITCH ON U.S. SAYS FED SET TO CONTINUE TO NORMALISE POLICY RATES, TO UNWIND EXTRAORDINARY STIMULUS, CUTTING BACK REINVESTMENT OF TREASURY PRINCIPAL REPAYMENTS
* FITCH SAYS THE SHORT-TERM ECONOMIC OUTLOOK FOR U.S. HAS IMPROVED, WITH FITCH FORECASTING GROWTH TO REACH 2.7% IN 2018 AND 2.5% IN 2019
* FITCH SAYS OVERALL FINANCIAL CONDITIONS IN THE U.S. REMAIN RELATIVELY LOOSE, AND WILL BE ASSISTED BY DEREGULATION, BUT CREDIT GROWTH IS UNDER CONTROL
* FITCH, ON U.S., SAYS SENSITIVITY ANALYSIS DOES NOT CURRENTLY ANTICIPATE DEVELOPMENTS WITH MATERIAL LIKELIHOOD OF LEADING TO A DOWNGRADE
* FITCH SAYS CURRENT ACCOUNT DEFICIT IN THE U.S. WILL LIKELY INCREASE ON THE STRENGTH OF DOMESTIC DEMAND Source text for Eikon:
Our Standards: The Thomson Reuters Trust Principles.