Now is not the time to raise interest rates

Now is not the time to raise interest rates Inflation targeting is like shooting clay pigeons, not throwing darts. To hit target we must aim where the clay is going to fly, not at a fixed board, says Adam Posen
http://link.ft.com/r/FG6LAA/72C4BO/JIYS70/A70RWS/5C8WX6/6C/h?a1=2011&a2=5&a3=27