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Tag: Fitch lowers GDP growth forecast

Fitch cuts FY27 growth projection to 6.4%; U.S.-Iran war to slow down economy

Posted on June 9, 2026 By admin
Fitch cuts FY27 growth projection to 6.4%; U.S.-Iran war to slow down economy

Image used for representation purpose only. | Photo Credit: Reuters Fitch Ratings on Tuesday (June 9, 2026) lowered its GDP growth projections for the current fiscal to 6.4% from the earlier estimate of 6.7%, saying that the U.S.-Iran war will slow down the economy in the September and December quarters. Fitch said it expects a…

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