I'd Like to See a Fed That's Reluctant to Intervene

The fed cut the federal funds rate to zero in january two thousand nine and has kept it low ever since. There have been attempts to raise interest rates but the markets greeted them with a series of tantrums, discouraging continued efforts. I would prefer to see a fed that isn't continually fine tuning, but rather one taking a hand's off approach most of the time. i don't think the long term rate of growth can be lifted perpetually through monetary and fiscal policy - not without the risk of negative consequences....