✉news BusinessEconomy first seen 19 h ago, last 3 h ago, peak #16
Moody's Zandi warns high rates already hurting US economy
Original: Moody's Zandi warns that higher interest rates are already damaging the economy
Mark Zandi, chief economist at Moody's Analytics, is warning that elevated interest rates are already inflicting damage on the economy. The economist's comments come as borrowing costs remain high, and they add to a growing debate over whether monetary policy is tightening too much and risking a slowdown.
Why now: Concerns that high interest rates are slowing economic growth are currently a major topic among investors and policymakers.
Rank over time, top of the chart is #1. 3 snapshots from 5 h ago to 3 h ago.
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