Tag: Faster Rate Rises
Fitch Ratings Slashes Global GDP Forecasts on Supply Shocks, Faster Rate Rises
The European gas crisis, high inflation and a sharp acceleration in the pace of global monetary policy tightening are taking a heavy toll on economic prospects. Fitch Ratings’ September 2022 Global Economic Outlook (GEO) includes deep and wide cuts to global GDP forecasts. Fitch now expects world GDP to grow by 2.4% in 2022 – […]