NYU Stern Professor Emeritus of Economics Nouriel Roubini details the current banking crisis, Fed’s take on inflation, and the possibility of a recession. https://yhoo.it/43tbRLN | Yahoo Finance
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Nouriel Roubini, CEO of Roubini Macro Associates, says calls for mild recession are “totally delusional” due to Federal Reserve policy tightening in the face of a slowing US economy. “We have no fiscal space. So the idea that this is going to be short and shallow, it’s totally delusional,” he says on “Bloomberg Surveillance.”
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