Prioritizing the Stability of the Banking System: Moody’s Chief Economist Criticizes Fed’s Risky Economic Strategy.
Moody’s Chief Economist Mark Zandi said that the Federal Reserve does not prioritize the stability of the US banking system and this puts the economy at risk. In an interview with CNBC Thursday, March 23, he estimated that the tightest credit conditions since the SVB collapse equated to two or three interest rate increases of … Read more