Fitch: Erosion of Fed independence negative for US credit rating.

US Sovereign Credit Risk Alert Fitch Ratings has issued a formal warning regarding the potential for a US credit rating downgrade. The agency's lead sovereign analyst signaled that any significant erosion of the **Federal Reserve’s independence** would trigger a negative rating action. Market stability currently hinges on the central bank's autonomy. The primary risk factor involves the potential weakening of the **US dollar’s status** as the world’s leading reserve currency. Credit analysts are monitoring institutional pressure following the recent investigation into Fed Chair Jerome Powell. A loss of confidence in the Fed's mandate could undermine the stability of the **$28 trillion** Treasury market and global capital flows.