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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Moody's Chief Economist Warns US Economy On 'Precipice Of Recession' As Tariffs, Labor Shortages Trigger Market Selloff

Wide Range of Americans Affected

Moody‘s Analytics Chief Economist Mark Zandi warned on Sunday that the American economy stands “on the precipice of recession” following last week’s disappointing economic data releases that sent major indexes tumbling.

Economic Data Points To Contraction

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