Current:Home > ContactFitch, please! Why Fitch lowered the US credit rating -AssetBase
Fitch, please! Why Fitch lowered the US credit rating
View
Date:2025-04-16 08:18:28
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! (1)
Related
- The White House is cracking down on overdraft fees
- Harris says in first remarks since Biden dropped out of race she's deeply grateful to him for his service to the nation
- Jordan Love won't practice at Packers training camp until contract extension is reached
- For Appalachian Artists, the Landscape Is Much More Than the Sum of Its Natural Resources
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- The Bear Fans Spot Season 3 Editing Error About Richie's Marriage
- Kandi Burruss’ Must-Haves for Busy People Include These Hand Soap Sheets You Won’t Leave Home Without
- Keegan Bradley names Webb Simpson United States vice captain for 2025 Ryder Cup
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- As doctors leave Puerto Rico in droves, a rapper tries to fill the gaps
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- U.S. stocks little moved by potential Harris run for president against Trump
- How to play a game and win free Chick-fil-A: What to know about Code Moo
- Dave Bayley of Glass Animals reflects on struggles that came after Heat Waves success, creative journey for new album
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- To Help Stop Malaria’s Spread, CDC Researchers Create a Test to Find a Mosquito That Is Flourishing Thanks to Climate Change
- Florida’s population passes 23 million for the first time due to residents moving from other states
- U.S. sprinter McKenzie Long runs from grief toward Olympic dream
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
U.S. sprinter McKenzie Long runs from grief toward Olympic dream
Israel shoots down missile fired from Yemen after deadly Israeli strike on Houthi rebels
Horoscopes Today, July 22, 2024
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Dave Bayley of Glass Animals reflects on struggles that came after Heat Waves success, creative journey for new album
Montana education board discusses trends, concerns in student achievement
How Benny Blanco Celebrated Hottest Chick Selena Gomez on 32nd Birthday