Moody’s Slashes Global Growth Forecasts for 2025–2026

This is Beirut, 09/05 18:50 - Reading : 1 minute(s)

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Credit rating agency Moody’s has sharply downgraded its global economic growth forecasts for 2025 and 2026, revising them to 1.9% and 2.3% respectively, down from the 2.5% predicted last February. This significant drop is mainly attributed to rising tariffs on key industrial goods such as steel and aluminum—a trend that is hindering ...