Why Would the Fed Keep Interest Rates at Zero?

"We lived through an abnormal environment from 09 through 21 in which interest rates were zero most of the time," he says. "It was terribly easy to raise money and terribly cheap." The Fed got into a trap where people said, 'If you raise it above zero, we're going to throw a temper tantrum' At the beginning of 2019, with the economy strong,. they're cutting interest rates. He doesn't think they want to get into that again.