Asked to grade the central bank's job, Roubini gave the Fed a "D" for missing the crisis altogether and downplaying its possible impact, but a "B-plus" after the credit debacle had unfolded.
"I give them credit for being very creative and very aggressive."
"The central bank did the right thing to avoid an outright depression, but is left with emergency lending programs that are clearly not sustainable."
NEW YORK (Reuters) - The U.S. economy will not recover until the end of this year, and even then growth will remain meek and vulnerable to higher interest rates and commodity prices, economist
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