Current:Home > MarketsFitch, please! Why Fitch lowered the US credit rating -FinTechWorld
Fitch, please! Why Fitch lowered the US credit rating
View
Date:2025-04-13 16:24:53
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! (62)
Related
- Meet first time Grammy nominee Charley Crockett
- Selena Gomez & David Henrie Have Magical Reunion in First Look at Wizards of Waverly Place Sequel
- Water beads pose huge safety risk for kids, CPSC says, after 7,000 ER injuries reported
- Relatives of Tyre Nichols, George Floyd and Eric Garner say lack of police reform is frustrating
- The White House is cracking down on overdraft fees
- Polyamory is attracting more and more practitioners. Why? | The Excerpt
- Kamala Harris to tour blood-stained building where 2018 Florida school massacre happened
- Mom drives across states to watch daughters in March Madness games for UNC, Tennessee
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- California governor, celebrities and activists launch campaign to protect law limiting oil wells
Ranking
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Deaths of dog walker, 83, and resident of a remote cabin possibly tied to escaped Idaho inmate
- Alabama gambling bill faces uncertain outlook in second half of legislative session
- An LA reporter read her own obituary. She's just one victim of a broader death hoax scam
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Trump says he has nearly $500 million in cash but doesn’t want to use it to pay New York judgment
- Princess Kate video: Watch royal's full announcement of cancer diagnosis
- Jackpots: A look at the top 10 Mega Millions, Powerball winners of all time
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
No. 13 seed Yale stuns SEC tournament champion Auburn in another March Madness upset
Man facing gun and drug charges fatally shot outside Connecticut courthouse. Lawyer calls it a ‘hit’
North Carolina court rules landlord had no repair duty before explosion
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
Here's How Jamie Lee Curtis Reacted To Chef José Andrés' Kitchen Mishap While Filming For His New Show
Attention Blue's Clues Fans: This Check-In From Host Steve Burns Is Exactly What You Need
Teen pleads guilty in murder case that Minnesota’s attorney general took away from local prosecutor