S&P Global Ratings affirmed its sovereign credit ratings on the U.S., citing a strong and resilient economy despite domestic and international policy changes.

The ratings company said Friday it continues to have 'AA+' long-term and 'A-1+' short-term unsolicited sovereign credit ratings on the U.S.

Additionally, the outlook on the long-term rating remains stable, S&P said, noting it expects the U.S.'s fiscal deficit to remain high but stable over the next few years as its strong, diverse economy-and solid tariff income-offset the risk of a downturn.

Still, the ratings company said it could lower the rating over the next two years if deficits increase beyond its expectations if the government can't contain rising spending or manage revenue implications from changes in the tax code, though it expects Congress to pass debt ceiling legislation in a timely manner.

S&P forecasts U.S. gross domestic product will grow 2.1% this year and 1.9% in 2027.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

June 26, 2026 16:44 ET (20:44 GMT)

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