{"id":1415716,"date":"2022-04-01T22:59:55","date_gmt":"2022-04-02T02:59:55","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1415716"},"modified":"2022-04-01T22:59:57","modified_gmt":"2022-04-02T02:59:57","slug":"moodys-chief-economist-recession-risk-about-one-in-three-high-probability-of-economic-misstep","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/moodys-chief-economist-recession-risk-about-one-in-three-high-probability-of-economic-misstep\/","title":{"rendered":"Moody\u2019s Chief Economist: Recession Risk &#039;about One in Three,&#039; &#039;High Probability&#039; of Economic &#039;Misstep&#039;"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmoodys-chief-economist-recession-risk-about-one-in-three-high-probability-of-economic-misstep%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1415716&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><\/div>\n<p>On Friday\u2019s broadcast of CNN\u2019s \u201cThe Lead,\u201d Moody\u2019s Analytics Chief Economist Mark Zandi warned that, even in light of the March jobs report, an economic \u201cmisstep is a high probability\u201d and the risk of a recession is \u201cone in three, at this point.\u201d<\/p>\n<p>Host Jake Tapper asked about his earlier warnings about the risk of a recession in the U.S. and whether there\u2019s anything in the March jobs report that makes him change his outlook.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>Zandi responded, \u201cNo. I think the economy is at risk because we have a very strong economy coming into full employment very quickly, we have very high inflation, inflation expectations due to the pandemic and the Russian invasion, and the Fed is raising interest rates. And in that kind of environment, a misstep is a high probability. So, I put recession risks at about one in three, at this point. I will say, though, Jake, the fundamentals of the economy are strong. You know, you don\u2019t create a half-million jobs every month for over a year with an economy that\u2019s not doing pretty well. So, I think odds are that we will navigate through, but it\u2019s going to be a bit tricky.\u201d<\/p>\n<p><em>Follow Ian\u00a0Hanchett on Twitter\u00a0<a class=\"x5l\" href=\"https:\/\/twitter.com\/IanHanchett\" target=\"_blank\" rel=\"noopener external\">@IanHanchett<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Friday\u2019s broadcast of CNN\u2019s \u201cThe Lead,\u201d Moody\u2019s Analytics Chief Economist Mark Zandi warned that, even in light of the March jobs report, an economic \u201cmisstep is a high probability\u201d<\/p>\n","protected":false},"author":33,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1415716","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1415716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1415716"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1415716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1415716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1415716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1415716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}