Faculty News

In an op-ed, Prof. Roubini explains why the Federal Reserve's exit from QE3 is problematic

Excerpt from Project Syndicate -- "The exit from the Fed’s QE and zero-interest-rate policies will be treacherous: Exiting too fast will crash the real economy, while exiting too slowly will first create a huge bubble and then crash the financial system. If the exit cannot be navigated successfully, a dovish Fed is more likely to blow bubbles."

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Additional coverage appeared on Livemint and The Wall Street Journal.