World markets have been volatile for much of 2022 owing to China's Covid-19 lockdowns, Russia's invasion of Ukraine and surging inflation weighing on consumer sentiment.
He added that the fears have been echoed in forecasts by major companies, with a large number of firms citing supply chain concerns. According to Bloomberg, Powell reaffirmed that the Fed was likely to raise rates by a half point but isn't"actively considering" a 75-basis point move. Bitcoin tumbled to the lowest level since late 2020, following a dramatic collapse in some so-called stablecoin cryptocurrencies -- TerraUSD and Tether.
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ: