"[Rising rates] raises the risk of a recession, because you're bringing rate hikes forward even faster,"."The Fed is hiking into a slowdown, and they don't really have a lot of options."
, which measures Main Street's attitude towards the overall business climate, fell sharply to a record low of 50.2 points this month, far below analysts' initial prediction of 58. Consumer sentiment has typically been used as a gauge of future consumer spending, which accounts for roughly three quarters of gross domestic product.Americans are spending much less at stores and restaurants as inflation soars
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: