30 Sep 2015
Fitch keeps US GDP forecasts unchanged
FXStreet (Mumbai) - The rating agency Fitch on Wednesday held its US GDP forecast unchanged at 2.5% in 2015 and 2016 and at 2.3% in 2017.
Fitch kept its Eurozone and UK economic forecasts unchanged as well. Meanwhile, Japan economy is expected to grow by 1.2% in 2016 from 0.2% 2015.
Meanwhile, Fed’s Dudley was on the wires stating assuring markets that the Fed will make sure the QE withdrawal does not roil markets. However, Dudley did state a high probability of the spike in volatility as the much anticipated “liftoff” gets closer.
Fitch kept its Eurozone and UK economic forecasts unchanged as well. Meanwhile, Japan economy is expected to grow by 1.2% in 2016 from 0.2% 2015.
Meanwhile, Fed’s Dudley was on the wires stating assuring markets that the Fed will make sure the QE withdrawal does not roil markets. However, Dudley did state a high probability of the spike in volatility as the much anticipated “liftoff” gets closer.