NEW YORK--(BUSINESS WIRE)--Global economic growth is featured in this week's Inside Credit newsletter, with Fitch Ratings forecasting growth of 2.4% in 2015, followed by 2.9% in 2016 and 2.8% in 2017.
The pick-up in 2016 reflects a recovery from recession in Brazil and Russia, albeit a weak one, while the structural slowdown in China is weighing on global growth potential. Meanwhile, the growth forecasts for Major Advanced Economies are 1.8% in 2015, 2.0% in 2016 and 1.8% in 2017.
'In the U.S., growth will rebound after the unexpectedly weak first quarter, bolstered by improving fundamentals and strong confidence,' said Gergely Kiss, Director of Sovereigns. 'The eurozone recovery continues, albeit with weak growth potential compared with other major advanced economies.'
Other topics covered in this week's edition of Inside Credit include:
--Greece Downgraded to 'CC'
--India and China Growth to Diverge Further Through 2017
--Global Short-Term Rating 2014 Transition and Default Study
--Significant Variation Likely in GSII Capital Requirements
--High FX Mismatch Risk for Latin America Corporates
--Oman Central Bank Shows Commitment to Islamic Banking
--Sousse Attack Hits Tunisia Growth; Transition Supportive
--APAC Investment Loan Arrears at Record Lows
--Puerto Rico Downgraded to 'CC'
--EPA Ruling Relieves Pressure on U.S. Public Power
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