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Fitch revise corporate revenues expectations lower - slower growth, mild US, EU recessions

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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Markets not paying any attention to Fitch ...

Monday Asia is seeing oil up more than... Read More

Posted: Jan 9 2023, 02:46
Author Name: forexlive
Views: 101961

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