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Moody's Analytics Mark Zandi at Federal Reserve Prices, US Economy



Economic data in the United States does not justify a rate cut by the Federal Reserve – despite recent calls for the US central bank to do so, said Mark Zandi, chief economist at Moody's Analytics.

Lowering interest rates under such conditions would be "counterproductive" because the move could "refresh things" and encourage debt to build up in the economy, explained

Increasing debt in the US is a risk for the Zandi flag last year, saying that "over-loans" among companies would be problematic and could send the economy into a recession.


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