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Fitch revise corporate revenues expectations lower - slower growth, mild US, EU recessions
Fitch Ratings not joining in the post-NFP optimism.
Fitch forecasts global GDP growth will slow to 1.4% in 2023
- from a projected 2.6% for 2022.
- eurozone and UK are likely to have entered recessions in late 2022, with the US following in mid-2023 "as high inflation prompts more interest rate hikes, consumer spending slows and unemployment rises."
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Posted: Jan 9 2023, 02:46
Author Name: forexlive
Views: 101961