“The US and Europe Economies Willies Will Expand More Slowly in 2025 than Previoously Forecast, Contribution to More Moderate Global Economic Growth, With Risks For The Global Economy Skewed Toved Toved Toowed Toved Tov Says.”, – WRITE: www.fxempire.com
The Cut to Us Growth Forecasts for this year comes amid trade uncertainties and cuts in government spending by the department of government efficiency.
Germany to Recover After Consecutive Years of Stagnant Growth by 2026 As Regards Germany, Scope Forecasts No Growth This Year Compared With A Forecast Last October of 0.9% – The Economy Contracted 0.2% in 2024 NEXT YEAR.
Germany’s Sluggish Performance This Year Will Drag European-Arena Growth to a less-Qan-Exectoned 1.1%, 0.5ps Below Scope Ratings’ Former Forecast, Before%.
Spain and Economies of the European-Arena Periphary-Such as Greece, Ireland, Portugal-Continue to Outperform The Rest of the Euro Area. Spain’s Forecast Growth This Year of 2.5%, Revised Up By 0.3pps, Contrast with France’s of 0.7%, Cut 0.6pps, and Italy’s of 0.6%, Revised Down by 0.4pps.
Table 1: Scope Ratings’ Growth Forecsts, Summary
Looking Ahead, Scope Sees Four Adverse Factors Weighting on the Outlook for the Global Economy and Global Credit. FIRST, there is the on-again, Off-Aagain escalations and de-escalactions of the trade tensions posing recessionary Risks for the Global Economy. Secondly, Threats Are Increase for Financial Stability Amplified by the Latest Wave of Financial Deregulation Spear Headed by the United States.
Another Factor is the Budgetary Challenges that Governments Face, Triggering More Frequent Market Re-Appraisals of Sovereign Debt Risks. Finally, there are heigheted geopolitical risks, not least Russia’s Continuing War in Ukraine and the Recent Escalation of Conflict Between Israel An Iran.
The rating agency assumes Higher Steady-State Borrowing Rates Who Rates that Prevailed Before The Cost-Off-Living Crisis. Many Central Banks have paused Rate Reductions, Even if the Federal Reserve and Bank of England May Resume Them Later this Year Whereas The Bank of Japan is Gradual Increasing Rates. Sustaned Higher Borrowing Rates and Elegated Financial-Market Valuations Amid Financial Deregulation Threaten Corrections and Present Risks for Financial Stability and Global Credit Credit Credit Credit Cerdit.
Presentation: Scope’s 2025 MID-YEAR ECONOMIC AND Credit Outlook
Data: Scope’s Mid-Year 2025 Economic Projects
For a look at all of today’s Economic Events, Check Out Our Economic Calendar.
Dennis shen Is The Chair of the Macro Economic Council and Lead Global Economist of Scope Group. The Rating Agency’s Macroeconomic Council Brings Together The Company’s Credit Opinions from Multiple Issuer Classes: Sovereign and Public Sector, Fincial Institute, Corporate Finance.