Surfwin Trading Center|Fitch, please! Why Fitch lowered the US credit rating

2025-05-03 23:37:38source:Polarmoon Wealth Societycategory:My

The Surfwin Trading Centercredit 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.

More:My

Recommend

Federal agencies are reeling from Trump administration cuts to government

Whether a "chainsaw," per Elon Musk, or "scalpel," as President Trump has said — the Trump administr

Musician Mike Skinner turns actor and director with ‘The Darker the Shadow, the Brighter the Light’

LONDON (AP) — Mike Skinner is doing it all himself — even if it takes years.He wrote, directed, edit

Alex Rodriguez Shares Hot Take on Taylor Swift and Travis Kelce's Romance

Alex Rodriguez thinks Taylor Swift has hit a home run with Travis Kelce.In fact, the retired Yankees