Moody's Analytics: Risk Warnings Intensify, Fed Should Keep Rates Unchanged

Odaily reports: Mark Zandi, Chief Economist at Moody's Analytics, stated that the Federal Reserve will not raise rates again at this week's meeting, and it should not. The U.S. economy is being threatened by a growing number of risks, and a misstep by the Fed is one of them. This is the clear message conveyed by Moody's "risk matrix." The matrix measures risks by assessing the likelihood of each risk materializing within the next 12 to 18 months, as well as the degree of economic damage it could cause if it does. A large number of red warnings have appeared in the matrix, indicating that risks are becoming more likely or more severe. (Jinshi)