NEW YORK, Sept 11 Rating agency Egan-Jones on
Tuesday affirmed the credit rating of the U.S. government at AA,
citing concerns about the country's debt load and lukewarm
The rating has a negative outlook, Egan-Jones added.
By the end of 2012, the agency said in a statement, "debt to
GDP is likely to be in the area of 106.5 percent."
The agency also said that another round of quantitative
easing from the U.S. Federal Reserve - which analysts in a
Reuters poll see as likely - could trigger a cut in the rating.
The easing would be unlikely to enhance the real gross
domestic product or reduce sovereign debt "but is likely to
inflate costs, placing additional strain on U.S. consumers...
QE3 will likely trigger a neg.(ative) action," the statement
Moody's Investors Service currently rates the United States
Aaa, Fitch rates the country AAA, and Standard & Poor's rates
the country AA+. All three of those ratings have a negative