The reason is a disagreement with three officials from Federal Reserve Chairman Ben Bernanke, is the latest policy taken out permanently. On Tuesday, it was decided by the Federal Reserve that short-term interest rates remain remarkably low for a minimum of 2 years. The measure can be regarded as dramatic, because they usually do not provide track in advance of the Fed, and even fewer full-time-frames when it comes to monetary policy.
Critics immediately interpreted the decision as an indication of the Fed strongly believe in the continuation of the Achilles heel of the U.S. economy is in a period of two years. Three regional presidents of the Philadelphia Fed Charles Plosser know, Minneapolis and Dallas Narayana Kocherlakota Richard Fisher have been those who have officially voted against the action of the Fed, it is a first in the history of the Fed, there have been so internal divergence.
The three dissidents let their views be included in the light. Wednesday, Fisher said the move was unwise, while Plosser said it was inadequate. Kocherlakota saw last week said there was no need for a more liberal monetary policy, beyond what has been done by the Fed during the month of November.
Fisher, being the last sniper to speak, said he did not agree to be bound by the extremely low for a period of 2 years (which have remained low since 2008), which n is not considered effective cheap money that the only problem in the U.S. economy. With low rates, borrowing money becomes easier for consumers, businesses and banks, which are considered to stimulate the economy.