You Searched For "Mark Zandi" and got 20 results
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2 mins read
'Something could break': The Fed risks recession, bank failures if it doesn't cut rates soon, economist Mark Zandi says
High interest rates are "corrosive" to the economy, and the Fed risks breaking something in the fin…
Jennifer Sor
3 mins read
Congress could cost Americans $15 trillion and 6 million jobs if it doesn't raise the debt ceiling, Moody's says
If the government defaults on its debt, the resulting downturn would be similar to the 2008 financi…
Ben Winck
2 mins read
Here's what Moody's chief economist Mark Zandi has to say about the odds of a US recession - and how the looming housing correction compares to 2008
In an exclusive interview with Insider, Mark Zandi broke down his recession forecast for 2023, and …
Phil Rosen
3 mins read
This banking crisis is different from the 2008-2009 financial crisis in 4 ways, Moody's chief economist Zandi says
The scope of the crisis, the regulatory environment, the US government's response, and the overall …
Huileng Tan
2 mins read
Stocks could fall 20% as the Fed tightens, and a correction may already be underway, says Moody's economist Mark Zandi
Moody's Analytics chief economist, Mark Zandi, said headwinds were now building for stocks after a …
Harry Robertson
2 mins read
Failure to provide more fiscal stimulus is a 'significant mistake' that could cause more businesses to fail, Moody's chief economist says
Moody's Analytics' chief economist Mark Zandi said: "We have had a headwind to the pandemic but we …
Saloni Sardana
2 mins read
A 2nd wave of US virus cases will plunge the economy into a depression, Moody's economist warns
The US economy sits in "quicksand" until a vaccine can reverse the damage done to consumer confiden…
Ben Winck
3 mins read
The US housing market is entering a 'deep freeze' as surging borrowing rates and sky-high home prices hit buyers, Moody's Zandi says
The chief economist of Moody's Analytics says there's a "major comeuppance" ahead for the US housin…
Amanda Cooper
1 min read
ZANDI: The Unemployment Rate Will Tick Higher, And The Sequester Will Stall The Job Market This Year
I expect payroll employment increased by 175K in March, and unemployment to tick higher to 7.8 perc…
3 mins read
Trump doesn't think interest rate cuts should happen before the election
Former President Donald Trump said Fed members "know" they shouldn't cut rates soon, but many econo…
John Towfighi,Madison Hoff,Ayelet Sheffey
2 mins read
The US economy grew way faster than expected this spring
US real GDP blew past expectations in this year's second quarter. It rose 2.8% compared with a fore…
Madison Hoff
2 mins read
Companies are going bankrupt at the fastest pace since the pandemic
Bankruptcy filings this year are at the highest level in 13 years for this time of year, S&P Global…
Filip De Mott
2 mins read
Unemployment unexpectedly rose in July as pressure ramps up for the Fed to cut interest rates
July's job growth was 114,000, less than the expected 176,000. The unemployment rate also increased…
Madison Hoff
2 mins read
Inflation cooled off more than expected in June
Inflation keeps cooling. The consumer price index rose 3.0% year over year; the forecast was 3.1%.
Madison Hoff
4 mins read
Lower interest rates could be coming soon. Here's what's at stake if they aren't.
Interest rate cuts could finally come this year. Economists explained the benefits of rate cuts and…
Madison Hoff,Ayelet Sheffey
3 mins read
Economist Paul Krugman defends Harris' price-gouging plan — but 'Shark Tank' star Kevin O'Leary calls it a 'horror film'
Kamala Harris' plan to crack down on price gouging sparked accusations of communism from some conse…
Theron Mohamed
2 mins read
Bumper corporate profits helped prevent mass layoffs and a recession, says leading economist
Big corporate profits led to employers retaining workers, which helped shore up spending and preven…
Theron Mohamed
2 mins read
Analysts are warning there could be zero rate cuts in 2024 - and stocks could suffer if the Fed doesn't move
Some analysts expect no rate cuts in 2024, as the economy is strong and inflation stays above targe…
Filip De Mott
2 mins read
It's almost impossible for first-time buyers to afford a home, top analyst says
Moody's Mark Zandi points out that home prices are nearly 50% higher than pre-pandemic levels, whil…
Theron Mohamed
2 mins read
Investors and economists are getting worried about more bank failures as interest rates stay high
High interest rates are "corrosive" to the economy, Mark Zandi said, while others fear the impact o…