Moody's economists: The risk of a U.S. economic recession is disturbingly high and is rising

ChainCatcher news, Moody's chief economist Mark Zandi stated that he believes the risk of an economic recession is "uncomfortably high" as the market reacts to Trump's tariff agenda.

Zandi said, "The risk of recession is uncomfortably high and is rising." "I think the probability is less than 50%, but it really depends on the president and what he does here." Zandi mentioned that if Trump continues to push his tariff plan, including reciprocal tariffs on other countries, and these tariffs last for three to five months, it would be enough to "push the economy into recession." "It would be a very strange recession, right?" "I mean, it's a designed recession," Zandi remarked.