"Dr. Doom" Nouriel Roubini: Core inflation rate will reach 3.5% in the second half of the year, which may trigger an economic recession

Economist Nouriel Roubini predicts that the core inflation rate in the United States will reach 3.5% by the end of 2025 and warns that economic growth will slow in the second half of the year, potentially leading to a recession. He pointed out that the Federal Reserve will not cut interest rates before December, and the core personal consumption expenditure index remains above the target level, limiting the Fed's policy options. Roubini also mentioned that global trade negotiations will cool down, which could lead to economic damage, and he predicts that many countries will face tariffs of 15%. The Atlas U.S. Fund he manages has performed robustly under pressure, aiming to protect investors from economic shocks