Super Dove and ex-Fed president Narayana Kocherlakota writes for Bloomberg
He’s been peddling this line for quite sometime and has said on many occasions that any hike would be a mistake. He may be right on a lot of his points but he doesn’t seem to take any of the recovery into account when making these comments. Should the Fed be raising now? That’s open for discussion. Should they have raised rates based on how the economy has recovered from the bottom, I think so.