S&P Global Ratings revised Israel's credit outlook to "stable" from "negative" while affirming the 'A/A-1' sovereign ratings. The rating agency cited a US-brokered ceasefire agreement between Israel and Hamas as a key factor, suggesting it could de-escalate military tensions and reduce pressure on Israel's economy, public finances, and labor market. The agency noted that this de-escalation could push Israel's real GDP growth to 5% in the following year. However, S&P also warned that the rating could be constrained or even downgraded if military escalations resume and markedly weaken Israel's economic or fiscal performance beyond current forecasts. No market reaction for S&P Global's own stock (SPGI) was mentioned in relation to this specific rating action.
S&P Global Ratings Revises Israel's Outlook to Stable
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