Current:Home > FinanceFitch, please! Why Fitch lowered the US credit rating -Finovate
Fitch, please! Why Fitch lowered the US credit rating
View
Date:2025-04-18 19:46:52
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! (548)
Related
- This was the average Social Security benefit in 2004, and here's what it is now
- Megan Rapinoe Announces Plans to Retire From Professional Soccer
- Cities Are a Big Part of the Climate Problem. They Can Also Be a Big Part of the Solution
- Over $200 billion in pandemic business loans appear to be fraudulent, a watchdog says
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Mission: Impossible's Hayley Atwell Slams “Invasive” Tom Cruise Romance Rumors
- Google shows you ads for anti-abortion centers when you search for clinics near you
- This Kimono Has 4,900+ 5-Star Amazon Reviews, Comes in 25 Colors, and You Can Wear It With Everything
- Former Syrian official arrested in California who oversaw prison charged with torture
- Surfer Mikala Jones Dead at 44 After Surfing Accident
Ranking
- Louvre will undergo expansion and restoration project, Macron says
- Experts raised safety concerns about OceanGate years before its Titanic sub vanished
- Powering Electric Cars: the Race to Mine Lithium in America’s Backyard
- China owns 380,000 acres of land in the U.S. Here's where
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- 'It's gonna be a hot labor summer' — unionized workers show up for striking writers
- Save 50% On This Calf and Foot Stretcher With 1,800+ 5-Star Amazon Reviews
- In Texas, a New Study Will Determine Where Extreme Weather Hazards and Environmental Justice Collide
Recommendation
Stamford Road collision sends motorcyclist flying; driver arrested
Planet Money Live: Two Truths and a Lie
Mega Millions jackpot rises to $820 million, fifth-largest ever: What you need to know
Dua Lipa Fantastically Frees the Nipple at Barbie Premiere
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
Inside Clean Energy: Solid-State Batteries for EVs Make a Leap Toward Mass Production
Planet Money Live: Two Truths and a Lie
Save 50% On This Calf and Foot Stretcher With 1,800+ 5-Star Amazon Reviews