Moody's Analytics: As risk warnings intensify, the Fed should keep rates unchanged.
Oct 27, 11:28
October 27 - Mark Zandi, Chief Economist at Moody's Analytics, stated that the Federal Reserve will not and should not raise interest rates again when it meets this week. The U.S. economy is being threatened by increasing risks, and a misstep by the Federal Reserve is one of them.
This is the clear message conveyed by Moody's "Risk Matrix." The matrix measures risks by assessing the likelihood of each risk occurring within the next 12 to 18 months and the potential economic damage if it does occur. The matrix shows numerous red alerts, indicating that risks are becoming more probable or more severe. (Jinshi)