Moody's Zandi Says Fed Cannot Cut Rates as Inflation and Growth Signals Stay Mixed
Updated
Updated · CNBC · May 28
Moody's Zandi Says Fed Cannot Cut Rates as Inflation and Growth Signals Stay Mixed
3 articles · Updated · CNBC · May 28
Mark Zandi said the Federal Reserve cannot lower interest rates in the current economic backdrop, arguing the latest data do not justify an easing move.
Latest inflation readings and other mixed economic signals are keeping policymakers constrained, with price pressures still a central obstacle to any cut.
Zandi framed the outlook as one where the Fed must wait for clearer evidence that inflation is cooling sustainably before shifting policy.
With a divided Fed and high inflation, can the U.S. economy avoid a recession before the next rate move?
With record corporate profits but falling incomes, which signal will ultimately define the market's direction this year?
As the Iran conflict drives oil past $100, is a global energy crisis the true catalyst for the next recession?