The American credit market is expected to deteriorate in the second quarter of this year, as the prospects for trade, growth and inflation in the country are worse in climbing the trade war and volatility in the policies of Donald Trump’s government, FIC’s Risks Risks said on Thursday.
Recent advertisements have led to customs tariffs in the United States, as well as revenge on their commercial partners, Vic to reduce the predictions of their country and the world by 0.5 and 0.4 percentage points, respectively.
“We hope that the annual growth rate in the United States will slow more than 2025, reaching only 0.4 % in the fourth quarter,” the agency says.
According to Litch, other major political changes are in the country, such as spending and stiff policy of immigration, with possible credit effects.
“Import rates should increase significantly, and there was a disturbing increase in the medium term inflation expectations of American families in the past two months,” he said. “Funding and liquidity conditions deteriorated, with interest rates increased term, Despite the perspective of strong economic slowdown“.
The agency expects the Federal (Fed) to start reducing interest rates from the fourth quarter.
In addition, Fitch sees revenue expectations and margins of inclined companies. Car, hardware and real estate construction sectors are the most affected by American definitions, while the technology and games sectors appear Vulnery to take revenge on business partnersHe says.
