The Federal Reserve has dug itself into a corner. The constant money printing to keep a dead economy afloat since 2008 with ridiculously low interest rates has put the country in a no win situation. Savers are going broke and the elderly on fixed incomes are getting destroyed with inflation that supposedly doesn't exist according to phony statistics. This is forcing people and businesses into higher risk assets like the stock market because they need some kind of return on their money. If you study history recessions happen every 7 to 10 years. Many including myself would argue that we never got out of the last recessions (collapse) that happened in 2008. So now we should be facing another downturn and I'm sure it would have already happpened if it had not been for all the artificial stimulus done by the fed. This is why the Fed is saying they want to "normalize" admitting things have not been normal. They have no bullets to deal with the next crisis which has to be looming. They also know all to well that raising rates to anything close to normal may crash the phony economy and will also cause the interest on the national debt to consume all tax revenues. Something has to give and everyone needs to give some serious thought to what the near future may hold.
