It is appropriate to raise rates when the economy shows signs of overheating, as measured by inflation in wages and prices. Currently, there are no such signs. Wages have long stagnated, even for college-educated workers. As for prices, the Fed’s preferred annual inflation measure was recently 1.5 percent, well below its 2 percent target.
The New York Times
October 23, 2014
The Washington Post
October 23, 2014
Wall Street Journal
October 21, 2014
Al Jazeera America
October 20, 2014
Los Angeles Times
October 20, 2014
The Atlantic
October 20, 2014
The Washington Post
October 17, 2014
McClatchy
October 17, 2014
The Huffington Post
October 17, 2014