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Fortune
Fortune
Michael del Castillo

Moody’s upgrades global banking sector for 2025, cautions against 'growing protectionism'

Moody United States G20
(Credit: Rebecca Noble—Getty Images)

For the first time since March 2023 credit ratings agency Moody's Ratings upgraded the global banking sector from negative to stable.

In explaining its bank upgrade, the agency cited monetary easing among Group of 20 members, as well as interest rate cuts that will improve asset quality and robust funding and liquidity in most systems.

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