When Would Bernanke’s Successor Raise Rates?

Larry Meyer, a former Federal Reserve governor, makes his living these days forecasting the economy — and predicting what and when the Fed will do next. With Ben Bernanke’s term as Fed chairman ending in January 2014, he and other Fed watchers are pondering who is likely to succeed him, assuming Mr. Bernanke isn’t offered or doesn’t accept a third four-year term.