Fitch cuts FY27 growth projection to 6.4%; U.S.-Iran war to slow down economy
Fitch Ratings on Tuesday (June 9, 2026) lowered its GDP growth projections for the current fiscal to 6.4% from the earlier estimate of 6.7%, saying that the U.S.-Iran war will slow down the economy in the September and December quarters. Fitch said it expects a slowdown in economic growth in FY27 from the 7.4% clocked in FY26 as rising prices…
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