Fitch Ratings stated that, given that tariffs are higher than expected, U.S. economic growth in 2025 may be lower than the 1.7% forecasted in March. The upward pressure on commodity prices caused by tariffs means that the Federal Reserve may become more cautious about further interest rate cuts in the near future; as U.S. tariffs increase, some sovereign countries with high levels of export value-added may face downward rating pressure.
Fitch: US economic growth in 2025 may be lower than the 1.7% forecast in March
2025-04-04 10:04:50 Primitive Reading
Disclaimer: This specification is preliminary and is subject to change at any time without notice. MYTOKEN assumes no responsibility for any errors contained herein.