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✉news BusinessEconomy first seen 5 h ago, last 54 min ago, peak #26

Moody's Zandi warns rate hikes are already hurting the economy

Original: Moody's Zandi warns that higher interest rates are already damaging the economy

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.

Why now: Ongoing concerns about the impact of high interest rates on economic growth and recession risk.

Mark ZandiMoody's AnalyticsFederal Reserve

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