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'Something could break': The Fed risks recession, bank failures if it doesn't cut rates soon, economist Mark Zandi says

High interest rates are "corrosive" to the economy, and the Fed risks breaking something in the financial system, Mark Zandi said.

10 days ago

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Topic Model

  • Business, Companies: 24.00%
  • Entertainment: 1.00%
  • Environment, Climate: 3.00%
  • Government: 63.00%
  • Technology: 9.00%

Emotional Reaction

  • Angry: 33.33%
  • Curious: 0.00%
  • Happy: 0.00%
  • Inspired: 0.00%
  • Relaxed: 16.67%
  • Satisfied: 16.67%
  • Unsure: 0.00%
  • Urgency: 33.33%

Keywords

  • rate
  • economy
  • zandi
  • icon
  • interest

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  • Negative

Score: 0.02873

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