Kenneth Rogoff Slams One of the Most Popular Theories for What the Fed Should Do Next. Kenneth Rogoff, September 11, 2015, Video, “Market participants have been coalescing around the view that the Federal Reserve’s liftoff from near-zero interest rates will be a “one and done” affair.┬áThat is, market metrics suggest that monetary policymakers will likely hike rates once, then wait a considerable time to assess how financial markets and the real economy digest this less stimulative stance.┬áBut in an appearance on Bloomberg Surveillance, Kenneth Rogoff, Harvard professor of economics and public policy, questioned the rationale of this view…Link