Rising crude prices may push US toward recession, warns Moody’s chief economist Mark Zandi
Amid the relentless rise in crude oil prices since the onset of the US-Iran war, investors have grown cautious, as oil-led price increases could impact the global economy, with economists now warning that higher crude oil prices could push the world’s largest economy closer to a recession. Mark Zandi, Chief Economist at Moody’s, warned that…
