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.
Trump’s trade chief says ‘deal’s a deal’ for economies with capped US tariffs
America’s trade representative assures that new tariffs will respect existing agreements. He stated that a deal is a deal for nations like the European Union
June 4, 2026