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Shares of Travel Stocks Are Trading Lower in Possible Reaction to Wednesday Comments From Fed Chair Powell Suggesting There Could Be a Period of Lower Economic Growth. An Economic Slowdown Could Drive Consumers to Cut Back on Non-essential Spending. Addit

Benzinga ·  Sep 22, 2022 10:18
Shares of travel stocks are trading lower in possible reaction to Wednesday comments from Fed Chair Powell suggesting there could be a period of lower economic growth. An economic slowdown could drive consumers to cut back on non-essential spending. Additionally, Fears of escalation in Europe following Russia's mobilization would impact the travel environment.
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