Federal Reserve’s Policy Quandary

Yale economist Stephen Roach on “The Fed Trap”:

http://www.project-syndicate.org/print/stephen-s--roach-cautions-that-the-fed-s-market-fixation-is-leading-it-to-exit-from-quantitative-easing-too-slowly

Harvard economist Martin Feldstein on upcoming Fed rate hike cycle:

http://www.project-syndicate.org/print/martin-feldstein-shows-why-us-interest-rates-will-rise-more-quickly-and-higher-than-official-statements-imply