# Professor Nouriel Roubini argues that the Federal Reserve should not raise interest rates

1 Faculty News December 15, 2015 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/articles/2015-12-15/summers-warns-of-premature-rate-increase-as-fed-prepares-to-act) -- "'Suppose that you are a bit more cautious and you start moving slowly and the economy becomes too strong and inflation picks up, you’ll be behind the curve but still you can tighten a bit faster,' he said in an interview in Dubai. The dilemma facing the Fed is that 'labor market data suggest it’s time to start hiking, but there is no sign of inflation in the economy,' [Roubini](http://www.stern.nyu.edu/faculty/bio/nouriel-roubini) said."

[Read more](http://www.bloomberg.com/news/articles/2015-12-15/summers-warns-of-premature-rate-increase-as-fed-prepares-to-act)