Fitch Ratings has revised the global GDP growth to 2.2 per cent for 2025, citing easing US-China trade tensions.
However, growth remains below 2024’s 2.9 per cent.
US, China, and eurozone projections were revised upwards.
Lingering trade policy uncertainty, rising tariffs, and market volatility continue to weigh on sentiment.
The Fed is expected to cut rates once in Q4.
