: Pressure on consumers from higher interest rates is the most since the financial crisis, economist says

Those investors hoping the U.S. economy can absorb the Federal Reserve’s aggressive campaign of interest rate rises and avoid a sharp slowdown, tend to put their trust in the stoicism of the American consumer.

But is that fortitude about to crack?

The chart below from Steven Blitz, chief U.S. economist at TS Lombard, shows the central bank’s…