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: 14.11.2026 Expectation: 3500 pips
Sell Bitcoin with $75,000 in view
30 October 2026 21
Period: 14.11.2026 Expectation: 150 pips
Go short on SPX down to $7,500
30 October 2026 33
Brent sell
Period: 29.11.2026 Expectation: 450 pips
Brent crude sell-off targets $105
29 October 2026 28
Period: 12.11.2026 Expectation: 28000 pips
Go long on NVIDIA stock up to $243
29 October 2026 31
Period: 28.11.2026 Expectation: 130 pips
Invest in SPX with 7,850 in view
28 October 2026 42
Period: 28.11.2026 Expectation: 4200 pips
Selling EURUSD down to 1.07000
28 October 2026 57
Go to forecasts