Fitch Ratings forecasts that the sovereign ratings of the US and Canada will remain neutral in 2026. This assessment is attributed to weak economic growth, despite accommodative monetary and fiscal policies in both countries.
The US economy will receive support from the Federal Reserve's interest rate cuts, tax breaks under the One Big Beautiful Bill Act, and rising investments in artificial intelligence. These factors are expected to bolster consumption and investment, allowing the American economy to avoid a recession, although GDP rates will remain modest.
Canada, according to Fitch’s forecasts, will experience moderate improvement due to aggravating trade uncertainty and soft fiscal policies. The country is expected to maintain economic resilience but also does not anticipate accelerating growth. For both countries, the key factors will be the monetary policies of central banks, budgetary support measures, and advancements in high technologies.
