Current:Home > MarketsFitch, please! Why Fitch lowered the US credit rating -AssetTrainer
Fitch, please! Why Fitch lowered the US credit rating
View
Date:2025-04-15 21:40:45
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! (4)
prev:Trump's 'stop
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Up First briefing: A Labor Day look at union fights, wins and close calls
- Flamingo fallout: Leggy pink birds showing up all over the East Coast after Idalia
- Some businesses in Vermont's flood-wracked capital city reopen
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Jimmy Buffett's Cause of Death Revealed
- As G20 leaders prepare to meet in recently flooded New Delhi, climate policy issues are unresolved
- ‘Like a Russian roulette’: US military firefighters grapple with unknowns of PFAS exposure
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Southeast Asian leaders are besieged by thorny issues as they hold an ASEAN summit without Biden
Ranking
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Over 245,000 pounds of Banquet frozen chicken strips recalled over plastic concerns
- Every Time Nick Lachey and Vanessa Lachey Dropped a Candid Confession
- Nightengale's Notebook: 20 burning questions entering MLB's stretch run
- See you latte: Starbucks plans to cut 30% of its menu
- Jimmy Buffett died after a four-year fight with a rare form of skin cancer, his website says
- Smash Mouth Singer Steve Harwell Dead at 56
- Long Island couple dies after their boat hits a larger vessel
Recommendation
'We're reborn!' Gazans express joy at returning home to north
Prisoners in Ecuador take 57 guards and police hostage as car bombs rock the capital
Investigation launched into death at Burning Man, with thousands still stranded in Nevada desert after flooding
Full transcript of Face the Nation, September 3, 2023
'We're reborn!' Gazans express joy at returning home to north
Injured California motorist trapped at bottom of 100-foot ravine is rescued after 5 days
More than 85,000 TOMY highchairs recalled over possible loose bolts
Racism in online gaming is rampant. The toll on youth mental health is adding up