Fitch Ratings reveals China's increased fiscal support while maintaining a challenging 2024 growth target. Monetary policy in China expected to remain accommodating. Turkey's credit rating upgraded by Fitch due to improved economic policies, easing inflation expectations, and reduced external liquidity risks. The upgrade reflects increased confidence in Turkey's policies since June 2023, leading to a positive outlook with consistent macro policy and lower inflation.
Let facts talk: China's economic growth target well within reach #2024ChinaAgenda https://t.co/niHI1hM3nH
Turkey’s credit rating was upgraded by Fitch, as the government’s return to orthodox economic policy reduces financial stability risks and balance-of-payments pressures https://t.co/V6znwjX1Et via @aslikandemir
Turkey’s credit rating was upgraded by Fitch, as the government’s return to orthodox economic policy reduces financial stability risks and balance-of-payments pressures https://t.co/iR7xngEWzz
🔴 FITCH ON TURKEY: INFLATION EXPECTATIONS EASE AND EXTERNAL LIQUIDITY RISKS MODERATE, REFLECTED BY MORE FAVORABLE EXTERNAL FINANCING CONDITIONS
🔴 FITCH POSITIVE OUTLOOK INDICATES CONSISTENT MACRO POLICY STANCE AND SIGNIFICANT DECLINE IN TURKEY'S INFLATION
🔴 FITCH: TURKEY'S UPGRADE REFLECTS INCREASED CONFIDENCE IN DURABILITY AND EFFECTIVENESS OF POLICIES IMPLEMENTED SINCE PIVOT IN JUNE 2023
#AskChina2024: How resilient is China's economy? https://t.co/rV5AV5TBp7
🔴 FITCH RATINGS ON CHINA: WE ANTICIPATE THAT THE MONETARY POLICY SETTINGS IN CHINA WILL STAY ACCOMMODATING.
🔴 FITCH RATINGS: CHINA UNVEILS MORE FISCAL SUPPORT. 2024 GROWTH TARGET STILL CHALLENGING.