# Prof. Nouriel Roubini discusses the Federal Reserve's policies

1 Faculty News March 25, 2014 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/con_034412.gif?itok=MRidxYS3)>

Excerpt from [CNBC](http://www.cnbc.com/id/101524643) -- "'Last time around it took them two years to normalize from 5 to 5.25, too little too late … they created the biggest housing, real estate credit and equity bubble,' [Roubini](http://www.stern.nyu.edu/faculty/bio/nouriel-roubini) said Tuesday on CNBC's 'Closing Bell.'"

[Read more](http://www.cnbc.com/id/101524643)