Fitch Cuts US Growth Forecast to 1.7% for 2025, 1.5% for 2026 Amid Trade War Concerns

NAMPA / Sputnik

2025-03-18

WASHINGTON, March 18 (RIA Novosti) - Fitch Ratings on Tuesday lowered the US's growth projection to 1.7% for 2025 and 1.5% for 2026 due to risks of a "global trade war" resulting from the Trump administration's tariff actions. "We have cut both our US 2025 growth forecast to 1.7% from 2.1% in the December 2024 Global Economic Outlook (GEO) and our 2026 forecast to 1.5% from 1.7%," the rating agency said. According to Fitch, the new US administ......

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