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: 31.05.2026 Expectation: 4500 pips
Selling EURUSD from resistance
Yesterday at 11:21 AM 25
Period: 27.03.2026 Expectation: 900 pips
USDCAD resistance looms as overheating sets in
Yesterday at 11:04 AM 24
Period: 27.03.2026 Expectation: 1050 pips
AUDCAD thrives on monetary divergence
Yesterday at 10:06 AM 15
Period: 31.03.2026 Expectation: 800 pips
Buying Brent crude with $115 in view
Yesterday at 09:35 AM 31
Gold sell
Period: 31.03.2026 Expectation: 600 pips
Selling gold upon breaking $4,560
Yesterday at 08:46 AM 29
Period: 30.04.2026 Expectation: 2000 pips
SPX selloff to follow once it consolidates below $6,600
Yesterday at 08:46 AM 15
Go to forecasts