Recession Risks: Consumer Confidence and the “Wealth Effect”
March 23, 2023 at 13:08 PM EDT
The Federal Reserve raised interest rates another quarter point this month, though signaled that an end could be in sight as they keep an eye on banking sector turmoil. That turmoil could have spillover effects however, exacerbating many of the risk factors for recession as consumer confidence and spending drop and potentially leading to further [...] The post Recession Risks: Consumer Confidence and the “Wealth Effect” appeared first on ETF Trends .