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    Moody's Zandi warns higher rates already hurting economy●Moody's Zandi warns that higher interest rates are already damaging the economy✉newsBusinessEconomy1 h ago

    Mark Zandi, chief economist at Moody's Analytics, warns that elevated interest rates are already inflicting damage on the US economy. His comments add to concerns that tight monetary policy, maintained to fight inflation, is slowing growth and could tip the economy toward recession.