The point of the article is to inform readers that the Fed is becoming more and more unreliable and misleading. As the Labor Department’s January job report stated, unemployment rate fell to 6.6% although there are few new jobs created. It is only 0.1% from Federal Reserve’s Evan’s Rule target rate (6.5%), which is a guide to consider raising interest rates as the central bank said in December 2012, and it will be reached in a few months. However, the Fed needs more time than that to increase fed-funds rate, and they will continue tapering its bond purchase at a rate of $10 billion a month and saying rates will stay as low. The Editors object to the fact that the Feds are bending the rules, which is causing them to lose credibility. As stated in the article, the Editors think that maybe they should have called it Evans Suggestion instead of calling it Evans Rule. The reason why the Editors are object is because the Fed made a mistake in telling markets that there was a fixed rule when the only thing they’re doing is improvising. What is the point of setting standards if you do not abide by them? As the Fed’s responsibility, I it’s necessary to publish their thoughts more carefully and provide a certain monetary policy. Also, the Feds should do what they promise. Lastly, I think the economy is getting better, and unemployment rate is getting lower; people start to think of spending money and the interest rates are low. It would cause “too much money chasing too few goods," and this leads to inflation as businesses realize they can charge higher prices for their goods and services. Therefore the Fed should raise the interest rates when the economy is getting better, so it will stimulate the economic and lower unemployment