Krugman and Carney on the Fed

Here are a couple of interesting interpretations of what's going on in the mind's of Fed officials. The first is by Paul Krugman (via Mark Thoma); see: The Intimidated Fed. The second is by John Carney; see: Why Won't the Fed Do More to Fight Unemployment?

I'm not sure about Krugman's claim about Bernanke being "bullied" by the "inflationistas." I think that John Carney has it just about right here.