On Friday’s broadcast of CNBC’s “The Exchange,” Moody’s Analytics Chief Economist Mark Zandi stated that unemployment rates have ticked up despite job creation “because labor force growth is booming, because we have a lot of immigrants coming into the country
On Friday’s “CNN Newsroom,” Moody’s Analytics Chief Economist Mark Zandi stated that people in the top third of the income distribution are doing quite well, but those in the middle are “okay” and the bottom third face “very, very difficult,
On Monday’s broadcast of CNBC’s “Closing Bell: Overtime,” Moody’s Analytics Chief Economist Mark Zandi stated that inflation getting to a level “anyone feels comfortable with” that is “closer to” the Federal Reserve’s target is “not going to happen before the end
On Monday’s broadcast of C-SPAN’s “Washington Journal,” Moody’s Analytics Chief Economist Mark Zandi stated that ultimately, “we all bear the cost” of backstopping the depositors of Silicon Valley Bank and Signature Bank because banks will pass part of the cost
On Monday’s broadcast of C-SPAN’s “Washington Journal,” Moody’s Analytics Chief Economist Mark Zandi said that he “wouldn’t be surprised” if we saw more bank failures, but that he doesn’t think any future failures will be major. Host John McArdle asked,
During an interview with CBS News on Tuesday, Moody’s Analytics Chief Economist Mark Zandi stated that the problems in the banking industry are the inevitable result of rate hikes by the Federal Reserve where “things are going to start to wobble and break and it’s going to feel uncomfortable.”
On Tuesday’s broadcast of CNN International’s “First Move,” Moody’s Analytics Chief Economist Mark Zandi stated that the February inflation report does justify a hike in interest rates because inflation is “still a little on the hot side.” But, given the
On Wednesday’s broadcast of Bloomberg TV’s “Balance of Power,” Moody’s Analytics Chief Economist Mark Zandi predicted that 2023 “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”
On Monday’s broadcast of CNN’s “Early Start,” Moody’s Analytics Chief Economist Mark Zandi said that we have “a long way to go to get back to anything anyone would feel comfortable with” on inflation, stated that even if the economy
During a portion of an interview with NPR aired on Thursday’s edition of NPR’s “Morning Edition,” Moody’s Analytics Chief Economist Mark Zandi reacted to the third quarter GDP numbers by stating that GDP has “gone effectively nowhere over the past year”
On Tuesday’s broadcast of Bloomberg’s “Surveillance,” Moody’s Analytics Chief Economist Mark Zandi stated that while he is “a lone voice” amidst “a lot of pessimism out there” who thinks that the United States economy will manage to avoid a recession
On Thursday’s broadcast of CNN’s “Early Start,” Moody’s Analytics Chief Economist Mark Zandi stated that he doesn’t give any weight to the argument that price gouging is causing inflation and argued that profits by oil companies “have a purpose. They’re
On Tuesday’s broadcast of C-SPAN’s “Washington Journal,” Moody’s Analytics Chief Economist Mark Zandi stated that price gouging is not “a significant factor here in the high inflation that we’re observing,” and “I don’t think the reason why consumer price inflation
During a portion of an interview with CBS aired on Monday’s edition of “CBS Evening News,” Moody’s Analytics Chief Economist Mark Zandi predicted that the price of gas and the price of oil will not get lower “until towards the
On Friday’s broadcast of CNN’s “The Lead,” Moody’s Analytics Chief Economist Mark Zandi warned that, even in light of the March jobs report, an economic “misstep is a high probability” and the risk of a recession is “one in three,
On Thursday’s “CNN Newsroom,” Moody’s Analytics Chief Economist Mark Zandi stated that fixing the problems in the supply chain and moderating inflation “is going to be a bit of a process. It probably won’t be until this time next year.”
Moody’s Analytics chief economist Mark Zandi in a Tuesday appearance on Fox Business Network’s “Mornings with Maria” said the United States just experienced the “shortest” and “most severe” recession in history.
President Donald Trump’s “Public Charge” reform to exclude legal but unskilled and unhealthy migrants is being denounced by progressives and business groups as a damaging change in federal economic policy — amid evidence it will nudge wages upward for most Americans.
Business groups asked the U.S. Supreme Court to uphold the DACA amnesty for 650,000 illegals — but their plea to the court cites two economic studies that predict Americans’ wages will rise if the DACA illegals are sent home.
When Senator Elizabeth Warren this week proposed creating an enormous new entitlement program that would deliver free or affordable child care to every American family with a young child, she put the price tag at $70 billion a year.
Over the past year, America’s private sector has added an average of 190,000 new jobs. That blistering pace of hiring is nearly double the rate of growth of the workforce, pushing unemployment down and then down some more.
