Markets are in a frenzy, the rest of the global economy is slowing down and there are little signs of inflationary pressures building in the system. Everybody knows this is a terrible time for the Federal Reserve to be raising interest rates, right? Not so fast. While the number of fists banging on the table to get the Fed to re-examine its current policy arc seems to be growing by the day, central bank officials don't appear to be listening. That's because it's not the Fed's job to react to every time stocks correct or yields rise or economic forecasts nudge lower. Instead, policymakers are best off to stay resolute ... (full story)