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Fitch Ratings: US debt rating stable, unlikely to be downgraded again. It is unlikely that the US credit rating will be downgraded again in the near future, as the downgrade to AA+ in 2023 already reflects the current fiscal pressures. The stable outlook means that a rating downgrade is not expected in the next one to two years, despite recent fluctuations in the US dollar exchange rate, with the US dollar's status as a reserve currency remaining a key factor.