Chief Economist Now Issues Warning To Expect A Recession By End of Year | AI News Digest
Moody's Analytics chief economist Mark Zandi has issued a stark warning about the U.S. economy, indicating it is on the brink of a recession. Factors contributing to this outlook include President Trump's tariffs and immigration restrictions, which have led to job losses and economic stagnation in several states. Recent job growth figures fell significantly short of expectations, and inflation continues to rise, exacerbating public concern ahead of the 2026 midterms. While Trump and his administration dismiss these recession fears, economists are divided, with some raising the odds of a downturn significantly. Zandi's warning highlights the urgent need for policy adjustments to mitigate economic strain.
