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Mark Zandi

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    Moody's Zandi warns rate hikes are already hurting the economy▼Moody's Zandi warns that higher interest rates are already damaging the economy✉newsBusinessEconomy54 min ago

    Mark Zandi, chief economist at Moody's Analytics, warned that elevated interest rates are already doing damage to the US economy. His comments add to ongoing debate about whether the Federal Reserve's tight monetary policy risks tipping the economy into a slowdown or recession, with markets and businesses watching closely for signs of strain.