Fitch Cuts Quarter of U.S. Sector Outlooks Amid Policy Risk

Fitch Ratings said persistent policy risks are clouding the U.S. credit outlook, prompting the agency to classify a quarter of its 2025 sector outlooks as “deteriorating.” The revisions cover multiple industries and reflect what Fitch described as mounting uncertainty over fiscal and regulatory decision-making. Although Fitch nudged its 2025 U.S. GDP growth projection up to 1.5%, it warned that economic momentum is already ebbing as elevated interest rates curb investment and consumer spending. The firm also cited weakening business confidence and sustained fiscal pressures, including the country’s high debt burden, as reasons for the more cautious stance.