Rising US House Prices Drive Interest in Essential Housing
Rising US house prices have led government entities to increasingly focus on housing availability and affordability for middle-income residents to support jobs and economic growth.
This video examines and explains credit ratings and the Fitch approach. It covers our ratings scale and the process from initiation to outcome and ongoing maintenance.
Rising US house prices have led government entities to increasingly focus on housing availability and affordability for middle-income residents to support jobs and economic growth.
Hear from Robert Mazzuoli, EMEA Insurance director, who speaks to David Freitas from the Insurer on the direct and indirect implications of the Russia-Ukraine conflict for the (re)insurance industry.
Many US states are positioning themselves for growth of a green economy, as the US transitions to carbon-free electricity by 2035 and net carbon neutrality by 2050.
The resurgence in vehicle leisure traffic in 2021 could moderate if high gas prices persist. Recovery in commuter traffic could also be prolonged.
The credit implications of issuing and transacting in stablecoins for the growing number of APAC banks engaging in such activity will depend on a broad range of factors.
Major tax policy changes under consideration or already enacted by US states in response to a second year of revenue growth could have negative long-term credit implications if current revenue growth is not sustained.
The Ukraine War and related economic sanctions have increased downside risks for Structured Finance ratings. Fitch has assigned risk categories to each sector based on an adverse case scenario related to the war’s economic fallout.
Trade tensions due to the Russia-Ukraine conflict and tightened Covid-19 restrictions in China will exacerbate supply disruptions of key metals for low-carbon technologies.
Downward pressure on some Chinese property developers’ ratings may intensify where delays to the publication of audited financial results or changes in auditors add to financial strains.
A large increase in transfers from China’s central government in 2022 will provide funding for LRGs and help support the ratings of LGFVs with core policy roles and strong linkages to LRGs.
The pandemic accelerated US population trends exhibited in the five years prior, and should these be sustained, they will prove key to states’ long-term demographic outlooks.
The removal of Russian bonds from major indices has led to divestment and liquidity challenges for emerging market (EM) fixed income exchange traded funds (ETFs).
U.S. money market funds (MMFs) and other cash investments in the financial system could face disruption if a Central Bank Digital Currency (CBDC) is introduced.
Henan has healthy government balance sheet but relies heavily on central government transfers, given the large population and agriculture, traditional manufacturing-focused economy.
Decentralised finance (DeFi) accelerates the existing trend of providing “finance as a service”, bypassing mainstream intermediaries to offer an alternative to existing financial institutions.
European airlines are affected by steeply-rising fuel prices as a result of the Russia-Ukraine conflict, which could undermine profitability recovery, particularly for carriers with lower hedging ratios.
The war in Ukraine and Western sanctions against Russia are significant shocks to CIS+ sovereigns. Direct exposures to Russia vary, but economic spillovers will be material across the region.
Securitisations have the potential to promote sustainable finance as an efficient tool for financial institutions to access funding for green and social projects.
China’s government has signalled a willingness to deploy further policy support to ensure stable economic performance ahead of an important party leadership congress later this year.
Rapid growth in unregulated crypto mining could contribute to energy market disruptions and divert resources from the electrification of other sectors, particularly in emerging markets.