Moody's Mark Zandi Warns Against Fed Rate Hike
· Business · Yahoo Finance, MarketWatch
Moody's economist Mark Zandi has cautioned that raising interest rates would be a serious mistake as Wall Street anticipates a quarter-point hike. Financial markets continue to weigh potential central bank moves amid shifting economic indicators. The exact timing and official outcome of the upcoming policy decision have not yet been finalized.
Why it matters
Borrowers and equity investors face potential market volatility depending on whether central banks adjust interest rates.
Read the original report — Yahoo Finance
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.