ChainCatcher news, according to Jinshi reports, Fitch raised its global GDP growth forecast on Tuesday, expecting the global economic growth rate to decline from last year's 2.9% to 2.4% this year, and further slow down to 2.3% next year. Fitch's chief economist Brian Coulton pointed out that signs of a slowdown in the U.S. economy and job market have already appeared in hard data, and it is expected that the Federal Reserve will cut interest rates by 25 basis points at the meetings in September and December, with three more rate cuts expected next year.