2 in 3 say US in a recession: survey ...Middle East

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2 in 3 say US in a recession: survey
Nearly two-thirds of registered voters believe the U.S. economy is currently in a recession, according to a new Politico-Morning Consult poll. About 65 percent of respondents indicated they believe the economy is already in a recession, compared to 22 percent who said the opposite. Fourteen percent didn’t know or had no opinion. Republicans were more likely to consider the economy to be in a recession, with 81 percent saying so compared to 63 percent of independents and 51 percent of Democrats. Concerns about an economic slowdown have grown as the Federal Reserve continues aggressively hiking interest rates, which increases borrowing costs to lower inflation by cooling off demand

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