Fitch’s top sovereign analyst warned that a significant erosion of the Federal Reserve’s independence would negatively impact the US credit rating. The primary concern is any indication that the dollar’s global reserve currency status could diminish, following an investigation into Fed Chair Jerome Powell.
Q3 earnings, Fed rate decision, Budget to steer Dalal Street this week
Stock market is gearing up for an eventful week ahead where key triggers such as quarterly earnings from corporates, the US Fed interest rate decision