If people are worried about the fed breaking the economy, they should have more faith. Short sharp periods of rising rates followed by long periods of easing. They are doing nothing special or different in this instance.
I do hope that the Fed does create higher interest rates so that the economy can truly remove the unhealthy aspects of the excess liquidity environment it created through QE. And with higher interest rates, people can earn more on their savings and we can see less inequality in society.