Podknife - Fitch, please! Why Fitch lowered the US credit rating by The Indicator from Planet Money

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Fitch, please! Why Fitch lowered the US credit rating

Podcast |: The Indicator from Planet Money
Publisher |: NPR
Media Type |: audio
Podknife tags |: Business,; Economics
Categories Via RSS |: Business
Publication Date |: Aug 02, 2023
Episode Duration |: 00:09:12

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. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy

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