Fitch has a neutral outlook for global banks, amid resilient economy
The report was delayed by the U.S. government shutdown
Unemployment rate rises to 4.6%, the highest level since 2021
Despite uncertainty, modest growth, declining rates to support credit: Fitch
At the same time, continuing claims are at their lowest level since April
Trips to U.S. remain low, while other foreign travel rises
Layoffs rose to almost 1.9 million, the most since January 2023
U.S. central bank may get clearer jobs and inflation picture in January when backlogged data is released
Rate hikes likely not needed anytime soon, as cost pressures stable
Strong 2025 has banks poised to face trade, economic challenges