Should-Read: The very sharp Jared Bernstein swings and misses… Of his five reasons for raising interest rates, [5] is simply wrong–wanting to avoid the ZLB in the future strongly calls for not raising rates in any way that fighter be premature; [4] is incoherent–since the point of raising is to slow job growth, claiming that … Continue reading Should-Read: Jared Bernstein: Clashing with the Fed: Should they stay or should they go?