Current:Home > MyFitch, please! Why Fitch lowered the US credit rating -Elevate Capital Network
Fitch, please! Why Fitch lowered the US credit rating
View
Date:2025-04-19 05:34:47
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! (916)
Related
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Are there any 'fairy circles' in the U.S.? Sadly, new study says no.
- Sen. Bob Menendez of New Jersey rejects calls to resign, vowing to fight federal charges
- Who cares if Taylor Swift is dating NFL star Travis Kelce? After Sunday's game, everyone.
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- MLB power rankings: Astros in danger of blowing AL West crown - and playoff berth
- Sheriff’s office investigating crash that killed 3 in Maine
- Keeping it 100: As Braves again surpass wins milestone, Atlanta's team cohesion unmatched
- Nevada attorney general revives 2020 fake electors case
- Worker killed at temporary Vegas Strip auto race grandstand construction site identified
Ranking
- Don't let hackers fool you with a 'scam
- Steelers’ team plane makes emergency landing in Kansas City, no injuries reported
- AP Interview: Jennifer Granholm says US aims to create nuclear fusion facility within 10 years
- Pretty Little Liars' Torrey DeVitto Is Engaged to Jared LaPine: See Her Gorgeous Ring
- 'Most Whopper
- How would you like it if a viral TikTok labeled your loved ones 'zombie-like addicts'?
- Molotov cocktail thrown at Cuban embassy in Washington, DC, Secret Service says
- Leaf-peeping influencers are clogging a Vermont backroad. The town is closing it
Recommendation
Bodycam footage shows high
Euphoria Star Angus Cloud's Mom Shares His Heartbreaking Last Words
Sparkling water is popular, but is it healthy?
Woman accidentally finds Powerball jackpot ticket worth $100,000 in pile of papers
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Toddler, 2 adults shot and killed in Florida, authorities say
After US approval, Japan OKs Leqembi, its first Alzheimer’s drug, developed by Eisai and Biogen
Journey to celebrate 50th anniversary with 30 shows in 2024: See where they're headed