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
Gold sell
Period: 20.08.2026 Expectation: 240 pips
Selling gold below $4,000
Today at 11:28 AM 8
Gold buy
Period: 31.07.2026 Expectation: 2000 pips
Buying gold upon breaching $4,030
Today at 10:46 AM 6
Period: 31.07.2026 Expectation: 120 pips
Buy GBPUSD with 1.34800 in sight
Today at 10:46 AM 3
Period: 27.07.2026 Expectation: 3650 pips
Silver tries to recover from local lows
Today at 09:31 AM 5
Period: 20.08.2026 Expectation: 240 pips
EURUSD sell-off comes into play as ECB meeting looms
Today at 08:35 AM 6
Period: 27.07.2026 Expectation: 1380 pips
S&P 500 braces for volatility ahead of major tech reports
Today at 06:17 AM 10
Go to forecasts