Fitch lowers U.S. growth forecast for 2022 and 2023: CNN
Oct 18- Ratings agency Fitch cut U.S. growth forecasts for this year and next and will warn on Tuesday that rising Federal Reserve interest rates and inflation will push the U.S. economy into a 1990 s-style recession, according to CNN. Fitch expects U.S. GDP to grow by only 0.5% next year, down from the 1.5% the agency's forecasts considered in June, CNN reported,…
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