The “Weird” Economy, Explained

Unemployment is down but inflation is up. Layoffs are at new lows, but unfilled positions are near record highs. Why are experts calling the economy "weird"?

Here to explain is Mark Zandi, chief economist at Moody's Analytics. He's the host of Inside Economics podcast, the co-founder of Economy.com, a trusted advisor for policymakers and expert for journalists, business leaders and consumers.

According to Zandi, wage growth is strong, but inflationary pressures were mounting before the pandemic. He tells us why the Federal Reserve is feeling the pressure to navigate troubling economic waters.

But he also explains why he's not too worried that we are heading into a recession.

So why does the Federal Reserve keep raising interest rates? And how does that help us?

We may not have all the answers yet, but Zandi will help you understand the shocks jolting the economy, how we're fighting inflation and what's to come.

Mark Zandi
➤twitter.com/Markzandi

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Jessica Yellin is the founder of News Not Noise, a channel dedicated to giving you news with real experts and providing facts, not panic attacks.

Jessica is a veteran of network news, traveling the globe, covering conflict and crisis. A former Chief White House Correspondent for CNN, she reported from around the world and won awards.

Now, Yellin uses her voice to break down the news, calmly and clearly for you -- free of punditry, provocation, and yelling.