Federal Reserve Esther George:
- Says strengthening economy means interest rates should increase relatively soon
- US labor markets show promising improvements, with shortages of some skills
- Says waiting too long to raise rates could pose risks to the economy, cites potential excesses in financial markets
Headlines via Reuters
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Kansas City Federal Reserve Bank President Esther George speaking at an event in Missouri
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ps. When I post these sorts of comments during the Asian timezone they may not generate much response in the currency markets, but those trading equities, equity derivatives, interest rates and interest rates derivatives (have I missed anyone
?) will take note.
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ADDED: More available from Reuters now, here
