Fitch: US economic growth in 2025 could be lower than the 1.7% forecast in March
2025-04-03 15:35:04
Fitch said US economic growth in 2025 could fall short of the 1.7 per cent forecast in March given higher-than-expected tariffs. The upward pressure on commodity prices from tariffs means the Federal Reserve is likely to become more cautious about further interest rate cuts in the near term, and some sovereigns with high levels of export value added could come under downward pressure as US tariffs rise.
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