The fed officials should be gagged and only allowed to speak at...

The fed officials should be gagged and only allowed to speak at the meeting where a balanced set of minutes can be released afterwards. For such individuals speeches to have such large monetary effect is just ludicrous.

Regarding US interest rates - they are stuck between a rock and a hard place. Raising rates strengthens the dollar and pust pressure on comodities and other parts of the world. This in turn translates to a slower global economy which translates to a slower US economy. The US needs significantly higher growth to warrant raising rates when taking a global snap shot rather than looking just at the US. Some of the fed committee get this but others are very US centric - hence the comments and effects we have seen this last week.

Its complicatedly simple.