US consumer debt fears are overblown as borrowing slows and inflation cools, Moody's chief economist says

US consumer debt fears are overblown as borrowing slows and inflation cools, Moody's chief economist says

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Mark Zandi. (Tom Williams/CQ-Roll Call, Inc via Getty Images) US consumers debt isn't as bad as many fear, according to Moody's chief economist. Mark Zandi highlighted that borrowing has moderated since the start of the year as inflation cools. He added that student loan repayments won't cause…

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