2023-11-11 09:51:12 The geopolitical uncertainty from the conflict in Middle East could upend countries’ inflation and growth calculations, leading to a higher than expected inflation for India as well, according to Fitch Ratings. “Higher oil prices would lead to higher-than-expected inflation rates in 2024, followed by corrections in 2025. Turkiye sees the highest percentage point … Read more
2023-10-27 22:12:50 The rating agency Fitch has maintained the French debt rating at AA-, six months after having downgraded it, as well as the outlook, considered stable, according to a press release published Friday. If France can boast of having “a large, rich and diversified economy, strong and efficient institutions and macro-financial stability (…) its … Read more
2023-10-28 11:28:14 After Moody’s on October 21, the rating agency Fitch maintained France’s rating “AA-”, six months after having downgraded it, while being concerned about the high level of public deficit. If France can boast of having “a large, rich and diversified economy, strong and efficient institutions and macro-financial stability (…) its public finances, and … Read more
2023-09-14 07:25:44 India’s growth pace is likely to moderate in the third quarter, even as the economy continues to show resilience despite tighter monetary policy and weakness in exports, Fitch Ratings said today. The global rating agency left India’s fiscal 2024 growth aim unchanged at 6.3% and also said the world economy in 2023 is … Read more
2023-08-26 15:42:04 The rating agency Fitch gives the national budget good marks Vienna (OTS) – “The management of the state budget in Austria shows a positive balance – this is particularly due to the policy of the Federal Government under Chancellor Karl Nehammer and the reliable administration of Finance Minister Brunner. The rating agency Fitch … Read more
2023-08-02 16:00:00 Xinhua News Agency, Washington, August 2 (International Observation) The “cancer” of the U.S. debt crisis is hard to get rid of. The U.S. credit rating has been downgraded Xinhua News Agency reporter Xiong Maoling and Shi Chun On the 1st, the international rating agency Fitch downgraded the US long-term foreign currency issuer default … Read more
2023-05-12 18:02:49 Construction site in Stockholm The Swedish real estate market is coming under pressure. (Foto: Bloomberg/Getty Images) Frankfurt/Stockholm Anyone who asks supervisors and bankers these days about the biggest risks to financial stability will often get one answer: commercial real estate. Rising interest rates are driving up financing costs, while at the same time the … Read more
China’s top stocks in stimulus plans pointed to “coal and industrial estates” targets. Although China is highly likely to miss its growth target of 5.5 percent this year, Chinese authorities have put in a lot of effort. To continue to recover the economy in the country because China has recently announced a big economic stimulus … Read more