Facing Moody’s Credit Concerns, Mamdani Says FIFA World Cup Will Bring Jobs and Growth

New York City Mayor **Zohran Mamdani** addressed concerns about the city’s economy during a press conference, responding to questions about recent job figures and a revised outlook on the city’s credit rating by **Moody's**. The mayor said his administration remains focused on expanding economic opportunities while ensuring that growth benefits working-class New Yorkers across all five boroughs. Mamdani highlighted upcoming international events as potential economic drivers, noting that he recently met with **Gianni Infantino** to discuss preparations for the **FIFA World Cup** matches scheduled in New York City. He said the tournament could bring significant tourism and business activity while creating opportunities for residents citywide. Responding to Moody’s revised outlook, Mamdani called the move “premature,” pointing to approximately $5 billion in additional funding proposed by state lawmakers in Albany to help address the city’s fiscal challenges. He emphasized that the proposals aim to close an inherited budget gap while continuing investments in essential city services relied upon by millions of New Yorkers.