‘Dr Doom’ Economist Nouriel Roubini Says Investors Are ‘delusional’ If They Expect the Fed to Pivot to Cutting Interest Rates Next Year

Posted on the 17 August 2022 by Phil's Stock World @philstockworld

Markets are "delusional" if they expect the Federal Reserve to start pulling back on interest rate hikes any time soon, according to Nouriel Roubini. The economist - often labeled "Dr Doom" because of his bearish predictions - said the current 8.5% rate of US inflation makes it highly unlikely that ...

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