Moody's Analysis: The Federal Reserve Should Keep Interest Rates Unchanged

Moody's chief economist Mark Zandi stated that the Federal Reserve will not raise interest rates again during its meeting this week, nor should it. The U.S. economy is facing an increasing number of risks, with the potential for missteps by the Federal Reserve being a significant factor. Moody's "risk matrix" indicates that the likelihood of risks occurring and the extent of economic damage over the next 12 to 18 months are both rising, with numerous red alerts appearing in the matrix, signaling that risks are becoming more probable or severe.

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