Global growth to moderate in 2025; US, China to decelerate to 1.5% and 4.5%: Fitch Ratings
New Delhi [India], June 18 (ANI): Global growth for 2025 is expected to moderate at 2.4 per cent from 2.6 per cent in 2024 according to projections by ratings agency Fitch, as US economic expansion decelerates to a below-trend rate of 1.5 per cent.
The US ratings agency has projected growth of China to slow down at 4.5 per cent due to declining exports and reduced government spending.
Meanwhile, the eurozone is forecast t