Financial Digest

Fed must end rate hikes quickly to avoid recession: Moody's chief economist

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Finance Finance Headlines News

The Fed must end rate hikes quickly to avoid a recession as inflation is cooling and the banking system remains fragile, Moody's Analytics chief economist says

The Federal Reserve must halt its interest-rate increases quickly for the US economy to dodge a recession, according to Moody's Analytics chief economist Mark Zandi.

"The Moody's Analytics outlook is not as bleak, but to skirt a recession the Fed must pivot quickly and end its rate hikes," he said in a"While the banking crisis appears over, its economic impact has only begun to play out; chastened banks with constrained liquidity and diminished capital are sure to be much more cautious," he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

We are in one. Many mid-age ppl $ younger are in dream worlds . Prices are too high for consumers. Loans will default -back to 2008 tines. Government isn’t helping the everyday consumer or citizen. Reality…..

Transitory to now this, awesome.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil price outlook: Prepare for rally as the Fed to pause rate hikesPrepare for oil to rally as the Fed gets set to pause its rate hikes, JPMorgan says Fed wont pause
Source: BusinessInsider - 🏆 729. / 51 Read more »

Exclusive: Fed's Bullard discounts recession talk, favors more rate hikesThe U.S. central bank should continue raising interest rates on the back of recent data showing inflation remains persistent while the broader economy seems poised to continue growing, even if slowly, St. Louis Federal Reserve President James Bullard said. Rate hikes is to collapse the American economy. That means the great reset agenda. The great reset want to collapse the economy so they can create a new economic system were we own nothing.
Source: Reuters - 🏆 2. / 97 Read more »

Brace for more banking shocks, Fed is in a 'twilight zone': FidelityBrace for more banking shocks with the Fed in a 'twilight zone' where it can't tame inflation without threatening financial stability, Fidelity warns Inflation will remain higher because of bringing jobs back from abroad. Fed needs to stop the absolute nonsense that they will get 2% inflation That world is over now
Source: BusinessInsider - 🏆 729. / 51 Read more »