Wednesday, 3 June, 2026
“One Week to Avoid Recession”: Moody’s Economist Warns of Economic Fallout
By TechShots Studio
Mark Zandi chief economist at Moody's Analytics, warned that the U.S. has roughly a week to secure a peace deal and prevent escalating geopolitical tensions from damaging the economy. He said failure to reach a resolution could push the U.S. into a recession, trigger higher energy prices, weaken consumer confidence, and create broader economic disruptions with “real consequences” for growth and markets.
Read full story at TIMES OF INDIA