The record government shutdown, if not resolved soon, could be 'fodder for recession': Moody's [CNBC]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: CNBC
The record government shutdown, if not resolved soon, could be 'fodder for recession': Moody's show chapters If shutdown continues, unemployment will start to rise, says Moody's Zandi 2 Hours Ago | 05:49 American consumers could lose faith in the economy if federal workers don't go back to work soon, Moody's Analytics chief economist Mark Zandi warned Friday. "If this drags on into February, March, then growth rates are going to fall to a place where unemployment will start to rise," Zandi said in a CNBC interview. "That's fodder for recession." Shortly after Zandi's appearance on "Squawk Box," Donald Trump Zandi said the economy was looking "wobbly" heading into the new year even before the start of the partial government shutdown, the longest on record, which on Friday entered Day 28. "If you go back a year ago, GDP growth was closer to 4 percent. That was all juiced up by the deficit-financed tax cuts," he said. "Now we're down to about 2 [percent.] And if the shutdown drags on we
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MCO
Earnings
- 2/14/24 - Miss
MCO
Sec Filings
- 4/19/24 - Form 8-K
- 4/2/24 - Form 3
- 4/2/24 - Form 4
- MCO's page on the SEC website