scorecardresearchUS recession may be short, India to see some impact, says brokerage Nirmal Bang

US recession may be short, India to see some impact, says brokerage Nirmal Bang

Updated: 29 Aug 2022, 10:33 AM IST
TL;DR.
  • Recessions caused by Fed tightening are usually shallow and short-lived, and have lasted nearly one-three quarters with the average decline in GDP well under 1%, said Nirmal Bang.
There are signs of a slowdown in the US amid rising interest rates.

There are signs of a slowdown in the US amid rising interest rates.