News list for " Ph.D."

Nouriel Roubini, the Doctor Doom economist, argued that the market was pricing too pessimistic that the US economy was heading for a hard landing and that the Fed would slash interest rates. "There is some important evidence of a slowdown, but I don't think the data suggest a hard landing is imminent," he said. "There are actually some strong factors in the economy." Mr. Roubini's comments come as markets expect the Fed to cut rates by about 100 basis points before the end of the year....

2024-08-07 20:51:53