Fed should hold off on further rate hikes, says Moody's Analytics' Mark Zandi

Moody's Analytics' Mark Zandi argues that the Federal Reserve should keep rates steady, saying higher borrowing costs will do little to counter inflation driven by supply shocks. He warns that further tightening risks weakening an already-soft non-AI economy, where job creation and wage growth are slowing.

Source: CNBC International TV

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Category General

Source CNBC International TV

Published 4 days ago

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News ID #18,734

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