DAN: Treasury Secretary Janet Yellen has slammed ‌Fitch’s decision to downgrade the US credit rating, calling ⁤it “unwarranted and premature.” Yellen said ‌that⁢ the downgrade was based on “inaccurate assumptions” and that the US economy is ⁣in a strong position to⁣ weather the current economic ⁤crisis.‍ She noted that the US has taken‍ decisive action to support⁢ the economy,‌ including passing the $1.9 trillion American Rescue Plan, and that the US is on track to reach full employment by the end of 2021. Yellen also highlighted the US’s strong fiscal⁢ position, with the budget deficit projected to be lower than expected. She concluded by saying ⁢that the US will continue to take the necessary steps to ensure a strong economic recovery.
DAN: It is clear that Janet Yellen is not pleased with Fitch’s ‌decision to downgrade the⁣ credit score of the United States. ⁣She believes ⁢that the decision is unwarranted and does not reflect the economic‍ strength of the country. It is important to⁣ note that this decision could have a significant impact on the US economy and the⁢ global ⁢economy ⁢as a whole.