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US recession risk 'high' as rates rise, Moody's economist warns

Added 05-16-22 10:04:02am EST - “Moody's Analytics chief economist Mark Zandi discussed the potential of a recession in the U.S.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “US recession risk 'high' as rates rise, Moody’s economist warns”. Below is an excerpt from the article.

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Moody's Analytics chief economist Mark Zandi argues recession risks are 'awfully high' but believes the economy is still on 'solid ground.'

During an interview on "Mornings with Maria" Monday, Moody's Analytics chief economist Mark Zandi discussed the country's "awfully high" recession risks, despite the economy still being on "pretty good, solid ground."

Moody's Analytics chief economist Mark Zandi discusses the country's inflation during an appearance on "Mornings with Maria" on May 16, 2022. (Fox News)

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