Moody's Analytics: Risk Warnings Intensify, Fed Should Keep Rates Unchanged

On October 27 that Mark Zandi, chief economist at Moody's Analytics, stated that the Federal Reserve will not and should not raise interest rates at its meeting this week. The U.S. economy faces growing threats from risks, one of which is the Fed's missteps. This is the clear message conveyed by Moody's "Risk Matrix." The matrix measures risks by assessing the likelihood of each occurring within the next 12 to 18 months, along with the potential economic damage they could cause if they do. The matrix features numerous red warnings, indicating that risks are becoming either more probable or more severe. (Jin10)