Fitch Ratings-Hong Kong/London-23 October 2025: Macroeconomic headwinds will present a growing challenge to emerging market issuers across sectors in 2026 as the US tariff shock continues to evolve, says Fitch Ratings. However, near-term prospects for emerging market liquidity remain broadly robust, supported by the extension of monetary easing cycles in several emerging market countries. We forecast global emerging market GDP growth will slow to 3.7% in 2026, from 4.1% this year. We predict growth in emerging markets next year will be below the average for 2020-2026 of 4%, though emerging market growth this year has been stronger than we had…
Emerging market issuers to face greater macro challenges in 2026: Fitch Ratings
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