Economists Warn US Economy Nearing Recession Amid Market Uncertainties
TL;DR
Mark Zandi, chief economist at Moody's Analytics, warns that the US economy is on the verge of a recession due to weakening consumer spending, rising inflation, and the impacts of tariffs and immigration policies, with rate cuts unlikely to prevent a downturn.
Topics:businesseconomy#economic-outlook#economy#federal-reserve#mark-zandi#moodys-analytics#us-recession
- 'On the precipice of recession': A top economist warns that not even the Fed may be able to rescue the US from a downturn Business Insider
- Why changing monetary and immigration policies may be edging U.S. closer to a recession: Carmen Reinhart CNBC
- Wall Street's view of a 'Kevlar economy' has just been shattered, but red flags were lurking under the radar Fortune
- Wavering US Consumer and Job Market Show Risks to Economy Bloomberg.com
- US economy on ‘precipice of recession,’ Moody’s chief economist warns WANE 15
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