Roubini Sees Politics Curbing Fed Bond Purchases: Tom Keene

Nouriel Roubini, the New York University economist who predicted the global financial crisis, said political opposition may prevent additional rounds of monetary stimulus by the Federal Reserve.

With an unemployment rate above 9 percent and economic growth of less than 3 percent in 2011, the Fed may need to embark on another round of asset purchases, Roubini said today in a Bloomberg Television interview on “Surveillance Midday” with Tom Keene.