Current:Home > FinanceFitch, please! Why Fitch lowered the US credit rating -NextFrontier Finance
Fitch, please! Why Fitch lowered the US credit rating
View
Date:2025-04-19 15:26:36
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! (2892)
Related
- Meta donates $1 million to Trump’s inauguration fund
- Tom Brady reacts to Bill Belichick, Patriots parting ways with heartfelt message
- Wisconsin Supreme Court refuses to reconsider ruling ordering new legislative maps
- Russian pro-war activist to face trial over alleged terrorism offenses, Russian news agency says
- Report: Lauri Markkanen signs 5-year, $238 million extension with Utah Jazz
- US Navy helicopter crew survives crash into ocean in Southern California
- Lawsuit filed against Harvard, accusing it of violating the civil rights of Jewish students
- Marisa Abela Dramatically Transforms Into Amy Winehouse in Back to Black Trailer
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Why more women are joining a lawsuit challenging Tennessee's abortion ban
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- The Emmys are confusing this year, so here's a guide to what is and isn't eligible
- Pakistan says the IMF executive board approved release of $700 million of $3B bailout
- Natalia Grace GoFundMe asks $20,000 for surgeries, a 'fresh start in life'
- Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
- Jo Koy is 'happy' he hosted Golden Globes despite criticism: 'I did accept that challenge'
- Murder trial begins months after young woman driven into wrong driveway shot in upstate New York
- Bayreuth Festival to have three women conductors, three years after gender barrier broken
Recommendation
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Taylor Swift and Blake Lively Make the Whole Place Shimmer During Stylish Night Out
Your smartwatch is gross. Here's how to easily clean it.
US Virgin Islands announces it will build its first artificial reef to protect itself from storms
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
'A lie': Starbucks sued over claims about ethically sourced coffee and tea
Wisconsin Supreme Court refuses to reconsider ruling ordering new legislative maps
How Arie Luyendyk and Lauren Burnham Became One of The Bachelor’s Most Surprising Success Stories