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Moody's Analytics

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    Moody's Zandi warns higher rates are already hurting economy●Moody's Zandi warns that higher interest rates are already damaging the economy✉newsBusinessEconomy40 min ago

    Mark Zandi, chief economist at Moody's Analytics, warns that elevated interest rates are already inflicting damage on the US economy. His comments add to growing concern among economists that tight monetary policy is weighing on growth, hiring and investment, with attention turning to whether the Federal Reserve will ease policy in coming months.