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Thursday, April 25, 2024

It’s time for the Fed to pause its war on inflation before it starts dragging down the US economy, top Moody’s economist says

The Federal Reserve should pause its war on inflation next month before its interest-rate hikes start to really drag down the US economy, according to Moody’s Analytics’ chief economist. Mark Zandi pointed to a slowdown in the US jobs market, cooling inflation, and lingering worries about turmoil in …

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