US traders took flight after the closely watched non-farm payroll figures Friday, which showed a slowdown in hiring but still with more new posts created than expected.
However, with prices being driven higher by factors ranging from the Ukraine war to China's lockdown-induced slowdown, there are fears the bank's measures could deal a blow to the world's biggest economy. "The critical issue for markets is whether inflation can be brought under control by central banks without generating a recession," Shane Oliver, head of investment strategy and chief economist at AMP Capital, said in a note.
All three main indexes on Wall Street ended deep in the red, with tech firms taking most of the pain, though Asia fared a little better in early trade.
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: