Moody's painted a negative picture for the global economy.

13.03.2025 11:01

The credit rating agency Moody's painted a negative picture of the global economy. The agency predicted that global economic growth would decline. The credit rating agency's comment that there are particularly ongoing downside risks to the global economic outlook drew attention.

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The tension caused by the global trade war is increasing risks in economies. Following the additional customs sanctions initiated by the U.S. turning into reciprocal sanctions, an interesting comment came from the international credit rating agency Moody's.

"GLOBAL ECONOMIC GROWTH WILL DECLINE"

According to the latest data released by Moody's Analytics, the effects of the trade war on the global economy will increase in effectiveness. It was reported that this situation, which will elevate vulnerabilities to higher levels, will pull down global economic growth figures. It was predicted that the global economic growth, which was 2.7 last year, will decline to 2.4 this year and in 2026.

"DOWNWARD RISKS CONTINUE"

Moody's Analytics, which noted that competition has evolved into a struggle, stated that it has put the world economy in a difficult position. It was pointed out that economic developments in the U.S., Europe, and China are not as expected, and the ongoing insecurity in the markets has negatively affected consumer and business confidence. The credit rating agency's comment that particularly downward risks regarding the global economic outlook continue drew attention.