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The Inflation Reduction Act will not bring down inflation "this coming year or next year"

US spending bill to cut inflation 'over time'

A sweeping bill passed by the US Senate on Sunday and intended to fight climate change, lower drug prices and raise some corporate taxes, will bring down inflation over the medium to long term and cut the deficit, according to rating agencies Moody's and Fitch Ratings.

Business • 09 Aug 22

2 China property firms default on $1.6 billion in bonds

Two major Chinese property firms have defaulted on $1.6 billion worth of bonds to overseas creditors, Fitch Ratings agency said today, as contagion spreads within the country's debt-ridden property sector.

Business • 09 Dec 21

Fitch expects Irish banks' asset quality deterioration to be much less severe than in the aftermath of the 2008 financial crisis

Banks' non-performing loans to rise as supports end

Irish banks' non-performing loans will increase in the coming quarters as support measures for borrowers during the Covid-19 pandemic come to an end, new research from Fitch Ratings predicts.

Business • 18 Mar 21

Fitch said that it considers the risks facing them is clearly skewed to the downside

Fitch downgrades outlook for BOI and AIB amid virus

Ratings agency Fitch has downgraded its outlook on AIB and Bank of Ireland to negative from stable as a result of the challenges posed by the Cover-19 pandemic.

Business • 01 Apr 20

Fitch reaffirms Ireland's rating but warns of risks

Ratings agency Fitch has left Ireland's credit rating unchanged at A+ following its latest review, but warns of a range of possible risks to the economy.

Business • 29 Feb 20

Fitch Ratings warns of a risk of contagion if funds are "gated" due to excessive outflows

Fitch warns property funds require tighter regulation

Credit rating agency Fitch Ratings has claimed investors will remain exposed unless there is tighter regulation of or changes to the redemption terms of commercial real estate funds.

Business • 05 Feb 20

The Asian financial hub has seen months of unrest and protests

Fitch downgrades Hong Kong as city braces for protests

Global credit rating agency Fitch Ratings has downgraded Hong Kong's long-term foreign currency issuer default rating to "AA" from "AA+" following months of unrest and protests in the Asian financial hub.

Business • 06 Sep 19

Boeing is facing one of the worst crises in its history

Ratings agencies lower Boeing outlook to 'negative'

Fitch Ratings and Moody's lowered their outlooks for Boeing to "negative" from "stable" yesterday, citing delays in its 737 MAX jets' return to service.

Business • 23 Jul 19

Fitch Ratings