17 April 2025 | Euro

Fitch Ratings expects deeper ECB rate cuts amid global economic challenges

Fitch Ratings expects deeper ECB rate cuts amid global economic challenges

Fitch Ratings is now forecasting deeper interest rate cuts from the European Central Bank and emerging market regulators, citing growing global economic headwinds as a key factor in its revised outlook.

The escalating tensions between the US and its trading partners have also led Fitch Ratings to cut its 2025 global GDP growth forecast by 0.4%. The revision pushed projections below 2%, a level not seen since 2009, excluding the pandemic period.

Elena Berseneva MarketCheese
Period: 27.05.2026 Expectation: 785 pips
USDCAD shows signs of resuming uptrend
Today at 11:29 AM 23
Period: 27.05.2026 Expectation: 1000 pips
Go long on NVIDIA ahead of earnings report
Today at 10:59 AM 29
Period: 27.05.2026 Expectation: 140 pips
Updated weather forecast weighs on natural gas
Today at 08:24 AM 20
Period: 20.06.2026 Expectation: 1023 pips
EURUSD sell-off targets 1.11500
Today at 08:15 AM 13
Period: 30.06.2026 Expectation: 5500 pips
SPX sell-off targets 6,850
Today at 04:54 AM 17
Gold sell
Period: 30.06.2026 Expectation: 14000 pips
Selling gold down to $4,400
Today at 04:54 AM 26
Go to forecasts