Highly Insightful : Nouriel Roubini’s Fed Interest Rate Predictions Back In November 2023

March 30, 2024 by LatinaWeeklyEd

Searching for opinions on inflation and the economy, I stumbled across this Yahoo Finance video from November 7th 2023 by NYU Stern School of Business Professor Emeritus Nouriel Roubini. Now, almost five months later, it has proved to be consistent with the Federal Reserve Board’s monetary policy on interest rates, at least so far. Unlike some financial experts who were predicting rate hikes as early as January 2024, Roubini diverged from this popular opinion, instead backing the “higher for longer” sentiment. With the presidential election rapidly approaching, the video also covers Roubini’s insight into both current and former US presidents. The discussion is both educational as well as fascinating – will it be proved correct ? If so, 2024 should be an interesting year.

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