BusinessPhoto: Aaj TakGoldman Sachs Warns Rising US Interest Rates Threaten Global, Indian Economy
Goldman Sachs research warns that a 100 basis point increase in US interest rates could reduce GDP by 0.6% in developed markets next year due to higher housing costs, inflation, and reduced consumer and business spending. The study highlights risks to sectors like housing, consumer loans, corporate investment, and government finance. India may face serious impacts, especially in manufacturing demand for engineering products, machinery, and autos, though direct export effects are not assessed.
Aaj Tak·




