Current:Home > MyFitch, please! Why Fitch lowered the US credit rating -GrowthProspect
Fitch, please! Why Fitch lowered the US credit rating
View
Date:2025-04-12 16:27:05
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! (87167)
Related
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Rep. Cori Bush marks Juneteenth with push for reparations
- COVID during pregnancy may alter brain development in boys
- Hostage freed after years in Africa recounts ordeal and frustrations with U.S. response
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Music program aims to increase diversity in college music departments
- 'Therapy speak' is everywhere, but it may make us less empathetic
- This Week in Clean Economy: NYC Takes the Red Tape Out of Building Green
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- 1 dead, at least 18 injured after tornado hits central Mississippi town
Ranking
- Trump wants to turn the clock on daylight saving time
- Save 50% On These Top-Rated Slides That Make Amazon Shoppers Feel Like They’re Walking on Clouds
- Climate Change Becomes an Issue for Ratings Agencies
- Taylor Swift Says She's Never Been Happier in Comments Made More Than a Month After Joe Alwyn Breakup
- What to watch: O Jolie night
- Building a better brain through music, dance and poetry
- At a Nashville hospital, the agony of not being able to help school shooting victims
- Q&A: Plug-In Leader Discusses Ups and Downs of America’s E.V. Transformation
Recommendation
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Sydney Sweeney Makes Euphoric Appearance With Fiancé Jonathan Davino in Cannes
Q&A: Denis Hayes, Planner of the First Earth Day, Discusses the ‘Virtual’ 50th
Submarine on expedition to Titanic wreckage missing with 5 aboard; search and rescue operation underway
$73.5M beach replenishment project starts in January at Jersey Shore
We’re Investigating Heat Deaths and Illnesses in the Military. Tell Us Your Story.
Q&A: Denis Hayes, Planner of the First Earth Day, Discusses the ‘Virtual’ 50th
Florida's abortion laws protect a pregnant person's life, but not for mental health