Reported about 1 month ago
Mark Zandi, chief economist at Moody's Analytics, warns that the upcoming 2024 presidential election is the biggest risk to the US economy. He highlights potential post-election uncertainties, particularly regarding tariffs and inflation policies, especially if Donald Trump is elected and implements his proposals. Zandi emphasizes that the election could lead to higher inflation and interest rates, challenging the Federal Reserve's independence and resulting in slower economic growth.
Source: YAHOO