April 20, 2024

Moody’s Chief Economist: ‘2023 Is Going to Be a Pretty Tough Year’ Unemployment Will Rise and It’ll Take Time to See Impacts of Fed Actions

On Wednesday’s broadcast of Bloomberg TV’s “Balance of Power,” Moody’s Analytics Chief Economist Mark Zandi predicted that 2src23 “is going to be a pretty tough year” because we won’t “see the full effects of what the Fed’s done for well into” the year and “we’re going to see job growth slow, may see some declines, unemployment’s

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