Current:Home > FinanceFitch, please! Why Fitch lowered the US credit rating -Blueprint Wealth Network
Fitch, please! Why Fitch lowered the US credit rating
View
Date:2025-04-19 09:04:22
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! (98176)
Related
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Record rainfall douses Charleston, South Carolina, as responders help some out of flood waters
- A big night for Hollywood fashion: Oscars red carpet live updates
- West Virginia bill letting teachers remove ‘threatening’ students from class heads to governor
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Broncos are sending receiver Jerry Jeudy to the Browns for two draft picks, AP sources say
- 80 years after D-Day, a World War II veteran is getting married near beaches where US troops landed
- What time does daylight saving time start? What is it? When to 'spring forward' this weekend
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- No. 1 South Carolina wins SEC Tournament over No. 8 LSU 79-72 in game marred by skirmish, ejections
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Princess Kate returns to Instagram in family photo, thanks supporters for 'kind wishes'
- Nǎi Nai and Wài Pó Stars Offer the Sweetest Moment at the 2024 Oscars Red Carpet
- Eli Lilly's new ad says weight-loss drugs shouldn't be used out of vanity
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Oscars 2024: Chris Hemsworth and Elsa Pataky Have an A-Thor-able Date Night
- Man dead after being shot by police responding to reports of shots fired at Denver area hotel
- Iowa's Caitlin Clark breaks Steph Curry's NCAA record for 3-pointers in a season
Recommendation
Why members of two of EPA's influential science advisory committees were let go
Oscars 2024: Matthew McConaughey and Camila Alves Have a Stellar Date Night
2024 Oscars: You’ll Want to Hear Ariana Grande Raving About Wicked
Why Ryan Gosling Didn't Bring Eva Mendes as His Date to the 2024 Oscars
Former Danish minister for Greenland discusses Trump's push to acquire island
Virginia lawmakers approve budget, but governor warns that changes will be needed
15 Best-Selling Products on Amazon That Will Help You Adjust to Daylight Savings
2024 starting pitcher rankings: Spencer Strider, Gerrit Cole rule the mound