Monetary and exchange rate flexibility further enhances the capacity of the economy to absorb and adjust to 'shocks'.
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
Tuesday, August 16, 2011
Breaking News--Fitch Affirms United States at AAA; Outlook Stable
The affirmation of the US 'AAA' sovereign rating reflects the fact that the key pillars of US's exceptional creditworthiness remains intact: its pivotal role in the global financial system and the flexible, diversified and wealthy economy that provides its revenue base.
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