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Oil, equity prices shape Iran War adverse scenario macroeconomic impact: Fitch Ratings
Higher oil prices and declining equity markets would be the main drivers of the negative global economic impact
By Bizweb2 Bizweb2
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Under the adverse scenario, growth in the US this year would be 1.5%, while in China it would be below 4%, and in the eurozone below 1%. In 4Q26, US real GDP growth would be just 0.6% year on year in the adverse scenario compared with 1.8% in the GEO. Eurozone growth would also be 0.6% year on year in 4Q26, compared with 1.5%, while world growth would be 1.7% compared with 2.5%.
What this story is about
People
- Fitch Ratings2
- Fitch Ratings-London
Organisations
- Oxford Economics Global Economic Model2
- GEO2
- EU2
Places
- United Kingdom2
- United States2
- Turkiye2
- Canada2
- Poland2
- China2
- India2
- Japan2
Keywords
- macroeconomic2
- scenario2
- adverse2
- equity2
- impact2
- shape2
- oil2
- war2
- prices
- iran
Names and places drawn from every article in this story. The number shows how many of them mentioned it.
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