[Chgogal]

From the Chinese article:

The Fed is also confronting a vastly different economy than when it raised rates in the 1990s, Silvia said. An increasingly globalized world now has a manufacturing glut that will weigh on inflation for some time, he said. He expects that to keep the Fed's rate path even lower than it now forecasts.

Well, isn't that an interesting forecast?

[citizen]

...a manufacturing glut that will weigh on inflation for some time...expects that to keep the Fed's rate path even lower than it now forecasts.

Yet Yellin wants to raise rates.

This whole economy vs rates thing has me pulling my hair out! One week I'm yellin' (pun) about zero interest rates and no return on my savings, the next it's about them trying to raise them in a deflated world economy.

We can't win.