Leading CEOs and economists conveyed their respective outlooks on the US economy at the World Economic Forum in Davos, Switzerland. Yahoo Finance Live anchors Rachelle Akuffo and Akiko Fujita highlight what experts are saying about the US economy and interest rate cuts expected from the Federal Reserve. This includes commentary from:

0:14 - 0:21 — Kenneth Rogoff, Harvard University Professor of Economics
0:21 - 0:33 — Brian Moynihan, Bank of America CEO (BAC)
0:33 - 0:44 — Stephen Schwarzman, Blackstone Group Co-Founder, Chairman, and CEO (BX)

Watch Yahoo Finance's full Davos coverage here, or you can find this episode of Yahoo Finance Live here.

Editor's note: This article was written by Luke Carberry Mogan.

Video Transcript

RACHELLE AKUFFO: How worried should investors be about an economic slowdown and the impact on corporate earnings? Well, at the World Economic Forum in Davos, Switzerland, we heard top executives and economists about the state of the US and global economy. Here's what they had to say.

KENNETH ROGOFF: If you look at the forecast, probably a recession is more likely than a boom.

BRIAN MOYNIHAN: And so now their basic view is we drop from the growth rate in the third quarter 4 plus, down to 1% annualized GDP growth for the first three quarters. That is a soft landing. It didn't go negative, but it landed and got near zero.

STEPHEN SCHWARZMAN: With higher interest rates, we can feel the economy slowing. That doesn't mean it's going down.

RACHELLE AKUFFO: So as we heard there, a bit of a mixed bag from these experts. Everything from a recession, to a soft landing, to perhaps just slower growth. So it just goes to show obviously nobody has a really clear handle on this. So if you're an investor, I mean, obviously over the last year, everyone's been on that search for yield.

So it appears to be the sort of boring investment might be the one to make. It might be just the index funds, just sort of sitting and waiting out some of this volatility. It seems to be more about preparedness than really trying to make some of these predictions here, at least if you're trying to keep some of your returns safe versus sort of panicking at every data point that comes out trying to predict a soft landing.

AKIKO FUJITA: Yeah. You know, CEO is not necessarily handing out investment advice over at Davos, Rachelle, but when you think about what we've been talking about on the show, this divide that we've been seeing between where Fed officials-- what Fed officials are saying and then the market expectation, you could argue the executives we heard from over in Switzerland are sort of somewhere in the middle.