Reported 1 day ago
Fitch's newly appointed head of sovereign ratings, James Longsdon, anticipates gaining insights into the potential effects of Donald Trump's second presidential term on the U.S. credit rating by summer's next review. Following a downgrade in 2023, he highlights the importance of monitoring China and France's threatened ratings and Britain's fiscal responses, expressing uncertainty regarding future tariff strategies and their implications for global trade and economic stability.
Source: YAHOO