WBEZ | credit outlook http://www.wbez.org/tags/credit-outlook Latest from WBEZ Chicago Public Radio en Explaining the impact of a negative U.S. credit rating http://www.wbez.org/episode-segments/2011-04-20/explaining-impact-negative-us-credit-rating-85433 <img typeof="foaf:Image" src="http://llnw.wbez.org/segment/photo/2011-April/2011-04-20/Stocks Getty Spencer Platt.jpg" alt="" /><p><p>On Monday <a href="http://www.standardandpoors.com/home/en/us" target="_blank">Standard &amp; Poor's</a> came down hard on the long-term credit outlook of the U.S. S&amp;P rates the ability of companies and governments to repay their debt — and the higher the rating, the lower the interest they have to pay on any borrowed funds.<br> <br> What amounted to a warning from S&amp;P was heard loud and clear on trading floors around the country. To find out what this could mean, <em>Eight Forty-Eight</em> spoke to <a href="http://www.andrewbusch.com/about" target="_blank">Andrew Busch</a>, a CNBC contributor and a global currency and public policy strategist for <a href="http://www.bmocm.com/" target="_blank">BMO Capital Markets</a>.</p><p><em>Music Button: Dirty Vegas, "Changes", from the CD Electric Love, (Om Records)</em></p></p> Wed, 20 Apr 2011 13:09:00 -0500 http://www.wbez.org/episode-segments/2011-04-20/explaining-impact-negative-us-credit-rating-85433