Current:Home > InvestFitch, please! Why Fitch lowered the US credit rating -PrestigeTrade
Fitch, please! Why Fitch lowered the US credit rating
View
Date:2025-04-16 19:58:34
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! (8862)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Natalee Holloway Suspect Joran Van Der Sloot Pleads Not Guilty in U.S. Fraud Case
- Elliot Page Recalls Having Sex With Juno Co-Star Olivia Thirlby “All the Time”
- When Autumn Leaves Begin to Fall: As the Climate Warms, Leaves on Some Trees are Dying Earlier
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Alligator attacks and kills woman who was walking her dog in South Carolina
- Judge Clears Exxon in Investor Fraud Case Over Climate Risk Disclosure
- Hurricane Irma’s Overlooked Victims: Migrant Farm Workers Living at the Edge
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Desperation Grows in Puerto Rico’s Poor Communities Without Water or Power
Ranking
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- ‘America the Beautiful’ Plan Debuts the Biden Administration’s Approach to Conserving the Environment and Habitat
- These Cities Want to Ban Natural Gas. But Would It Be Legal?
- Kim Zolciak Won't Be Tardy to Drop Biermann From Her Instagram Name
- Sam Taylor
- In a Warming World, Hurricanes Weaken More Slowly After They Hit Land
- All-transgender and nonbinary hockey team offers players a found family on ice
- Man slips at Rocky Mountain waterfall, is pulled underwater and dies
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Desperation Grows in Puerto Rico’s Poor Communities Without Water or Power
How Khloe Kardashian Is Setting Boundaries With Ex Tristan Thompson After Cheating Scandal
Ousted Standing Rock Leader on the Pipeline Protest That Almost Succeeded
In ‘Nickel Boys,’ striving for a new way to see
In Georgia, Buffeted by Hurricanes and Drought, Climate Change Is on the Ballot
Tatcha Flash Sale Alert: Get Over $400 Worth of Amazing Skincare Products for $140
The 10 Best Weekend Sales to Shop Right Now: Dyson, Coach Outlet, Charlotte Tilbury & More