Current:Home > ContactFitch, please! Why Fitch lowered the US credit rating -Visionary Wealth Guides
Fitch, please! Why Fitch lowered the US credit rating
View
Date:2025-04-14 08:08:29
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! (71427)
Related
- Meta releases AI model to enhance Metaverse experience
- 'Oppenheimer' star Cillian Murphy wins first Oscar at 96th Academy Awards
- Biden’s big speech showed his uneasy approach to abortion, an issue bound to be key in the campaign
- 3 reasons you probably won't get the maximum Social Security benefit
- 'Most Whopper
- Emma Stone Makes the Rarest of Comments About Her Daughter as She Accepts 2024 Best Actress Oscar Win
- Kim Kardashian and Odell Beckham Jr. Leave Oscars After-Party Together Amid Romance Rumors
- Da'Vine Joy Randolph wins best supporting actress Oscar: 'God is so good'
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Mother of 5-year-old girl killed by father takes first steps in planned wrongful death lawsuit
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Charlize Theron Has Best Reaction to Guillermo's Tequila Shoutout at 2024 Oscars
- Oppenheimer Wins Best Picture at Oscars 2024
- When is Eid Al-Fitr? When does Ramadan end? Here's what to know for 2024
- Senate begins final push to expand Social Security benefits for millions of people
- Taylor Swift and Travis Kelce Make Surprise Appearance at Madonna's Oscars 2024 After-Party
- RHOC's Alexis Bellino and John Janssen Make First Red Carpet Appearance as a Couple
- Horoscopes Today, March 9, 2024
Recommendation
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Robert Downey Jr. Credits His Terrible Childhood for First Oscar Win
Vanessa Hudgens Shows Off Baby Bump in Sheer Look at Vanity Fair Party
Emma Stone Makes the Rarest of Comments About Her Daughter as She Accepts 2024 Best Actress Oscar Win
Questlove charts 50 years of SNL musical hits (and misses)
Vanessa Hudgens reveals baby bump on Oscars red carpet
Russell Wilson to sign with Steelers after release from Broncos becomes official, per reports
Biggest moments from the 2024 Oscars, from Emma Stone's surprise win to naked John Cena