{"id":80746,"date":"2023-02-28T20:23:06","date_gmt":"2023-02-28T16:23:06","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=80746"},"modified":"2023-02-28T20:25:31","modified_gmt":"2023-02-28T16:25:31","slug":"recession-woes-drag-consumer-confidence-lower-in-february","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/recession-woes-drag-consumer-confidence-lower-in-february\/02\/28\/market-updates\/","title":{"rendered":"Recession woes drag Consumer confidence lower in February"},"content":{"rendered":"\n<p>The US Consumer-confidence index drops to 102.9 in February. High inflation and rising interest rates are making Americans more worried about a possible recession. <br><br>The reading is the outcome of a survey of consumer confidence that fell to a three-month low of 102.9 in February, signaling worries about the future path of the economy as high inflation and rising interest rates depress U.S. growth.<br><br>The closely followed index slid 3.1 points from 106 in January, the Conference Board said Tuesday. Further details of the publication revealed that the Jobs Hard-to-Get Index edged lower to 10.5 from 11.1 and the one-year consumer inflation rate expectations declined to 6.3% from 6.7% in December.<br><br>The US Dollar Index still shows negative performance after this data and was last seen losing 0.17% on the day at 104.46.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US Consumer-confidence index drops to 102.9 in February. High inflation and rising interest rates are making Americans more worried about a possible recession. The reading is the outcome of a survey of consumer confidence that fell to a three-month low of 102.9 in February, signaling worries about the future path of the economy as &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53203,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7094,7536,8324],"class_list":["post-80746","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-confidence","tag-recession","tag-us-dollar-index"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=80746"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80746\/revisions"}],"predecessor-version":[{"id":80751,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80746\/revisions\/80751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53203"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=80746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=80746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=80746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}