✉news BusinessEconomy first seen 12 h ago, last 1 h ago, peak #17
Moody's Zandi warns higher rates already hurting economy
Original: Moody's Zandi warns that higher interest rates are already damaging the economy
Mark Zandi, chief economist at Moody's Analytics, warns that elevated interest rates are already inflicting damage on the US economy. His comments add to concerns that tight monetary policy, maintained to fight inflation, is slowing growth and could tip the economy toward recession.
Why now: Markets and consumers are anxious about whether high interest rates will trigger a recession.
Rank over time, top of the chart is #1. 8 snapshots from 10 h ago to 1 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/262638