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

1 Faculty News April 29, 2013 ![Project Syndicate logo](/sites/default/files/styles/246w/public/assets/images/con_030500.jpg?itok=ONV7lJ6H)>

Excerpt from [Project Syndicate](http://www.project-syndicate.org/commentary/the-federal-reserve-s-policy-dilemma-by-nouriel-roubini) -- "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."

[Read more](http://www.project-syndicate.org/commentary/the-federal-reserve-s-policy-dilemma-by-nouriel-roubini)

Additional coverage appeared on [Livemint](http://www.livemint.com/Opinion/TwGjOCHqh7QdFEIU62341O/Nouriel-Roubini--The-trapdoors-at-the-Feds-exit.html) and [The Wall Street Journal](http://stream.wsj.com/story/economy-stream/SS-2-17745/SS-2-222375/?mod=wsj_streaming_economy-stream).