If after nine years of ultralow interest rates there’s little real response to it, should not the Fed look elsewhere?

Sir, John Authers argues “US rate rise harder to justify nine years on” September 17.

My automatic question would be: does not nine years of super low interests without any real economic activity picking up in a sustainable form not suffice to indicate the Fed it should search somewhere else?

May I suggest they have a look at the horrendous distortions in the allocation of bank credit risk weighted capital requirements cause… or is that just a too delicate issue for them to handle over there at the Fed.

@PerKurowski