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17 April 2025 | Euro

Fitch Ratings expects deeper ECB rate cuts amid global economic challenges

EURJPY
EURGBP
EURUSD
EURAUD
EURCAD
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

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