The Fed’s cut was 'more hawkish than anticipated,' Moody’s Zandi says - and warns it won’t be enough

business • 9/19/2025

The market didn’t get the dovish signal it was looking for.

Speaking to Fortune after the announcement, Zandi described the Fed’s messaging as tightrope-walking between economic risks—aiming to manage dangers to job growth while signaling no rush into further cuts. Zandi said the rate cut “was right down the ... [3871 chars]