1423 ET - The U.S. economy is on the precipice of going into a recession "unless policy takes a very sharp turn here pretty quickly," Moody's Mark Zandi says at an Economic Club of New York event. "There's a whole slew of economic policy that's in flux," Zandi says, adding that given the levels of uncertainty "I don't expect the Fed to move here ... for a few months." (maria.armental@wsj.com; @mjarmental)

(END) Dow Jones Newswires

April 17, 2025 14:23 ET (18:23 GMT)

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