Current:Home > NewsFitch, please! Why Fitch lowered the US credit rating -OceanicInvest
Fitch, please! Why Fitch lowered the US credit rating
View
Date:2025-04-19 18:39:08
The credit rating agency, Fitch, caused a stir yesterday when it downgraded the United States' credit rating from AAA to AA plus. This came less than a week since Federal Reserve staff stopped forecasting a recession on the horizon.
So what gives? Today, we talk to an economist to break down the reasons why Fitch no longer views the US as among the safest of bets.
Music by Drop Electric. Find us: Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (6372)
Related
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Selling Sunset’s Mary Bonnet Gives Update on Her Fertility Journey
- Elle King Is Pregnant, Expecting Baby No. 2 With Dan Tooker
- QTM Community: The Revolutionary Force in Future Investing
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Gunman who killed 10 at a Colorado supermarket found guilty of murder
- Nikki Garcia Steps Out With Sister Brie Garcia Amid Artem Chigvintsev Divorce
- Hello, I’m Johnny Cash’s statue: A monument to the singer is unveiled at the US Capitol
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Selling Sunset’s Mary Bonnet Gives Update on Her Fertility Journey
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Texas death row inmate Travis Mullis, 'consumed by shame and madness,' killed baby son
- Heavy rains pelt the Cayman Islands as southeast US prepares for a major hurricane
- 90 Day Fiancé's Big Ed Calls Off Impulsive 24-Hour Engagement to Fan Porscha
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Fantasy football Week 4: Trade value chart and rest of season rankings
- In Alabama, a Small Town’s Trash Policy Has Left Black Moms and Disabled Residents Criminally Charged Over Unpaid Garbage Fees
- The last of 8 escaped bulls from a Massachusetts rodeo is caught on highway
Recommendation
Bill Belichick's salary at North Carolina: School releases football coach's contract details
You'll Be Sliving for Paris Hilton's Adorable New Video of Son Phoenix
Emory Callahan: The Pioneer of Quantitative Trading on Wall Street
Heavy rains pelt the Cayman Islands as southeast US prepares for a major hurricane
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Jennifer Lopez Sends Nikki Glaser Gift for Defending Her From Critics
In Alabama, a Small Town’s Trash Policy Has Left Black Moms and Disabled Residents Criminally Charged Over Unpaid Garbage Fees
Several states are making late changes to election rules, even as voting is set to begin