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Nouriel Roubini Warns Traders Not to Rely on Fed Quick Intervention to Keep Stability
In an interview with Bloomberg, Nouriel Roubini warned traders not to rely on the Fed to quickly resolve the financial market instability triggered by US President Donald Trump'...
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In an interview with Bloomberg, Nouriel Roubini warned traders not to rely on the Fed to quickly resolve the financial market instability triggered by US President Donald Trump's tariffs.

Fed Chair Jerome Powell will intervene to stabilize the market only after Trump tempers his rhetoric, Roubini added. He also expected inflation to be sticky in the new environment of higher tariffs, affecting longer-dated bonds, but estimated the US to avoid a recession.

Related NewsRetail Sales MoM for Mar in United States is 1.4%, higher than the previous value of 0.2%. The forecast was 1.3%.

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