Renowned economist Nouriel Roubini issues a warning as the Fed tries to curb soaring inflation The US economy could sink into a quagmire of shrinking output, surging inflation and soaring unemployment, renowned economist and New York University professor Nouriel Roubini warned last week during an eToro webinar. He argued that the Federal Reserve might have to double interest rates to 5% in order to curb inflation. However, such an increase could choke economic growth and cause a spike in joblessness, Roubini stressed. Moreover, raising rates could trigger a debt crisis. The economist also cautioned that the US reg
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