US Edition'Recession risks are uncomfortably high,' warns top American economist
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'Recession risks are uncomfortably high,' warns top American economist
Mark Zandi, chief economist at Moody’s Analytics, has warned that U.S. recession risks have risen to concerning levels. The warning is based on a machine learning model developed by Moody’s, which now estimates a 45% chance the U.S. economy will enter a recession within the next 12 months. While a 45% probability is technically below the 50% threshold, it still signals considerable economic strain and uncertainty. According to Zandi, the risk wo…
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