On June 10, Fitch said higher trade tariffs and policy uncertainty would weaken global growth prospects and increase risks of tightening financial conditions. Public finances and political risks remain high. The escalation of the global trade war, uncertainty about the end point of tariffs and their impact on global trade volumes, supply chains, investment and international relations constitute significant negative shocks to the global economy. Uncertainty about the extent and timing of the impact on prices and economic activity exacerbates uncertainty about the Fed's base rate trajectory and the risk of volatility in funding conditions.#May CPI Incoming 928374656574839201#Tech Giants Eye Stablecoins #Spot Bitcoin ETFs Top 1.1M BTC
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On June 10, Fitch said higher trade tariffs and policy uncertainty would weaken global growth prospects and increase risks of tightening financial conditions. Public finances and political risks remain high. The escalation of the global trade war, uncertainty about the end point of tariffs and their impact on global trade volumes, supply chains, investment and international relations constitute significant negative shocks to the global economy. Uncertainty about the extent and timing of the impact on prices and economic activity exacerbates uncertainty about the Fed's base rate trajectory and the risk of volatility in funding conditions.#May CPI Incoming 928374656574839201#Tech Giants Eye Stablecoins #Spot Bitcoin ETFs Top 1.1M BTC