Economists Warn US Economy Nearing Recession Amid Market Uncertainties
TL;DR Summary
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.
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- 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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