Stiglitz Deflation Threat Pushes Fed to Stay at Zero

(Bloomberg) -- The U.S. faces the possibility of deflation for the first time since the Eisenhower administration, a threat that may prompt the Federal Reserve to keep interest rates near zero through next year.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aaqA40k28UJY

Roubini Sees ‘Light at End of Tunnel’ of Recession

(Bloomberg) -- New York University Professor Nouriel Roubini said that action by governments and central banks has led to a “bottoming out” of the global recession and that there is “light at the end of the tunnel.”

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=atC016bEtTtA

Roubini Sees Dollar Dumping Only If Major U.S. Policy Mistakes

(Bloomberg) -- New York University Professor Nouriel Roubini said the risk of countries dumping their dollar reserves will increase if the U.S. “doesn’t fix its own fiscal and economic house.”