Sheila Bair, the former chairperson of Federal Deposit Insurance Corporation, feels that the low interest rate policies of the Federal Reserve will not help boost the economy.

Of late, as the low-interest rate policy has been introduced by the Federal Reserve, there has been mixed reactions from all tiers of the society. Sheila Bair, the erstwhile chairperson of FDIC (Federal Deposit Insurance Corporation), is of the opinion that rather than helping the economy, low interest rates are hurting it.

http://patriotstatesman.com/2013/07/are-low-interest-rates-bad-for-the-economy-sheila-bair-thinks-so/