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Moody's Economist Mark Zandi on Monday voiced concern over the rising possibility of a significant Federal Reserve policy error, as markets anticipate a rate hike on Wednesday.
Zandi took to X to express his apprehension about the Federal Reserve's potential policy misstep. He stated, "The odds of a serious Fed policy mistake are uncomfortably high and rising."
He further added, "But the economy is already growing near potential (2% real GDP growth) and operating at full employment (unemployment a bit above 4%)."
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Moody's Economist Mark Zandi on Monday voiced concern over the rising possibility of a significant Federal Reserve policy error, as markets anticipate a rate hike on Wednesday.
Zandi took to X to express his apprehension about the Federal Reserve's potential policy misstep. He stated, "The odds of a serious Fed policy mistake are uncomfortably high and rising."
He further added, "But the economy is already growing near potential (2% real GDP growth) and operating at full employment (unemployment a bit above 4%)."
Don't Miss:
#policy
2 days ago
