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flag Fitch predicts global growth of 2.6% in 2026, down slightly from 2025, due to a temporary oil price spike.

flag Fitch Ratings forecasts global economic growth of 2.6% in 2026, slightly down from 2025, assuming a temporary oil price spike. flag Strong AI investment, U.S. and Chinese fiscal deficits, and rising U.S. equity markets have supported resilience. flag U.S. GDP is projected at 2.2%, unchanged from 2025, despite labor market weakness. flag The eurozone is expected to grow at 1.3%, and China’s growth is forecast at 4.3% due to weaker consumer spending and exports. flag Fitch raised its 2026 oil price forecast to $70 per barrel, assuming a brief Strait of Hormuz closure, but a prolonged spike to $100 could reduce global GDP by 0.4 percentage points and raise inflation by 1.2–1.5 points in major economies.

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