Tag: Fitch 2023 Outlook: Most Sovereign Sector Outlooks Deteriorating

Fitch Ratings’ ‘deteriorating’ 2023 sector outlook for global sovereigns reflects weaker global economic growth, rising funding costs and pressures from high inflation. The overall balance of sovereign rating outlooks is near to its long-term average, but further monetary policy tightening and elevated geopolitical tensions represent key challenges this year. Five of eight sovereign regions have […]