Current:Home > MyFitch, please! Why Fitch lowered the US credit rating -WealthMindset Learning
Fitch, please! Why Fitch lowered the US credit rating
View
Date:2025-04-11 23:58:38
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! (12667)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- The power of blood: Why Mexican drug cartels make such a show of their brutality
- Why have thousands of United Methodist churches in the US quit the denomination?
- Trump says Nevada fake electors treated ‘unfairly’ during rally in Reno
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- North Korea fires suspected long-range ballistic missile into sea in resumption of weapons launches
- Peter Sarsgaard Reveals the Secret to His 14-Year Marriage to Maggie Gyllenhaal
- Taylor Swift Brings Her Dad to Help Cheer on Travis Kelce at Chiefs Game
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- 15 suspected drug smugglers killed in clash with Thai soldiers near Myanmar border, officials say
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- A mysterious Secret Santa motivated students to raise thousands of dollars for those in need
- Mostert, Tagovailoa lead Dolphins to a 30-0 victory over the Jets without Tyreek Hill
- Your autograph, Mr. Caro? Ahead of 50th anniversary, ‘Power Broker’ author feels like a movie star
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Car plows into parked vehicle in Biden’s motorcade outside Delaware campaign headquarters
- Buying a house? Don't go it alone. A real estate agent can make all the difference.
- Hundreds of residents on Indonesian island protest the growing arrival of Rohingya refugees by sea
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
Stock market today: Asian shares mostly lower as Bank of Japan meets, China property shares fall
15 suspected drug smugglers killed in clash with Thai soldiers near Myanmar border, officials say
Check the Powerball winning numbers for Saturday's drawing with $535 million jackpot
Why members of two of EPA's influential science advisory committees were let go
What is SB4? Texas immigration enforcement law likely to face court challenge
36 días perdidos en el mar: cómo estos náufragos sobrevivieron alucinaciones, sed y desesperación
A Black woman was criminally charged after a miscarriage. It shows the perils of pregnancy post-Roe