NextFin news, Mark Zandi, chief economist at Moody's Analytics, stated on Saturday, September 20, 2025, that the United States is nearing a recession. He identified key factors behind the economic slowdown as the tariffs imposed during the Trump administration and speculative market behavior, particularly involving the cryptocurrency Dogecoin (DOGE).
Speaking from Moody's headquarters, Zandi highlighted that these policy decisions and market dynamics have contributed to weakening economic growth. He emphasized that the tariffs have disrupted trade flows and increased costs for businesses and consumers, while the speculative frenzy around DOGE has created volatility and uncertainty in financial markets.
Zandi's forecast comes amid growing concerns among economists and policymakers about the sustainability of the US economic expansion. He pointed out that these combined factors have slowed investment and consumer spending, which are critical drivers of the economy.
The Moody's chief economist urged for careful policy adjustments to mitigate the risks of a full recession. He recommended reassessing tariff policies and improving regulatory oversight of speculative assets to stabilize the market environment.
This warning adds to a series of recent economic indicators suggesting a potential downturn. Zandi's analysis is based on comprehensive data modeling and reflects Moody's Analytics' ongoing monitoring of economic trends.
The Trump-era tariffs, initially intended to protect domestic industries, have faced criticism for their unintended consequences on supply chains and inflation. Meanwhile, the rise of cryptocurrencies like DOGE has introduced new challenges for market stability due to their speculative nature.
Mark Zandi's comments were reported by The Times of India and other international news outlets on September 20, 2025, underscoring the global attention on the US economic outlook.
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