Powell Likely to Wait Until Trump Blinks, 'Dr. Doom' Roubini Says

Source: https://www.coindesk.com/markets/2025/04/09/powell-likely-to-wait-until-trump-blinks-dr-doom-roubini-says

Renowned economist Nouriel Roubini, often dubbed "Dr. Doom" for his accurate prediction of the 2008 financial crisis, has recently issued a cautionary message regarding the current market instability. Roubini, a professor at New York University's Stern School of Business, is well-known for his pessimistic forecasts and critical analysis of economic trends.

In a recent statement, Roubini warned against placing too much reliance on the Federal Reserve to swiftly resolve the volatility and uncertainty plaguing the financial markets. The Fed, as the central banking system of the United States, plays a crucial role in stabilizing the economy through monetary policy and interventions. However, Roubini emphasized that the challenges facing the global economy today may not have easy


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