Tag: but Evidence of US Slowdown Accumulates: Fitch Ratings
World GDP Forecasts Raised, but Evidence of US Slowdown Accumulates: Fitch Ratings
Fitch Ratings has raised its world growth forecasts for 2025 moderately since the June Global Economic Outlook (GEO) on better-than-expected incoming data for 2Q25. But there is now evidence of an underlying US slowdown in ‘hard’ economic data and positive surprises on eurozone growth have partly reflected US tariff front-running. Fitch still expects world GDP […]