Fitch Ratings predicts a slowdown in global growth in 2025 despite current monetary easing efforts. The global monetary policy cycle is shifting towards lower rates that will still restrict demand. Fed's Harker notes a global decline in rates at varying speeds, with emerging markets showing strong momentum in domestic demand, excluding China.
Fed's Harker: Globally rates are heading down, just at a different pace. Fed's Harker: We are not even close to material deterioration in the job market.
FED'S HARKER SAYS GLOBALLY RATES ARE HEADING DOWN, JUST AT A DIFFERENT PACE
FED'S HARKER: GLOBALLY RATES ARE HEADING DOWN, JUST AT A DIFFERENT PACE.
FITCH RATINGS: WE RAISED 2024 WORLD GROWTH FORECASTS AS DOMESTIC DEMAND IN EMERGING MARKETS EXCLUDING CHINA SHOWS STRONGER MOMENTUM.
FITCH RATINGS: GLOBAL MONETARY POLICY CYCLE IS ENTERING A NEW PHASE, IN WHICH RATES WILL BE FALLING SLOWLY BUT TO LEVELS THAT WILL STILL BE RESTRICTING DEMAND.
World Growth To Slow In 2025 Despite Pivot To Monetary Easing This Year - @FitchRatings https://t.co/o7GAEr7yDB