Moody’s Raises Recession Odds to 49% as Energy Shocks Strain U.S. Economy
Moody’s Analytics chief economist Mark Zandi has raised U.S. recession odds to a near-certain 49%, citing a fragile labor market and a massive surge in global energy prices. While the Iran conflict serves as the immediate trigger, underlying structural weaknesses and sluggish GDP growth suggest the economy is approaching a critical breaking point.