Fitch raises global economic growth forecast, but signs of a slowdown in the U.S. economy are evident

ChainCatcher news, according to Jinshi reports, Fitch raised its global GDP growth forecast on Tuesday, expecting the global economic growth rate to decline from 2.9% last year to 2.4% this year, and further slow to 2.3% next year. Fitch's chief economist Brian Coulton pointed out that signs of a slowdown in the U.S. economy and labor market have already appeared in hard data, and it is expected that the Federal Reserve will cut interest rates by 25 basis points at the meetings in September and December, with three more cuts anticipated next year.