Esther George, President of the Federal Reserve branch in Kansas City
Speaking on Investing in America's Workforce'
I expect a Q&A session will follow ... but I haven't seen this confirmed. but, I'm here for a while so I'll keep and eye and ear out
- Further gradual rate hikes will be needed
- Says delaying rate hikes poses risks to growth, financial stability
- Says it is appropriate to move cautiously at this stage in expansion
- Waiting too long to remove accommodation risks recession, financial imbalances
This quick headlines via Reuters
George is well known as being at the less dovish end of the Federal Reserve spectrum, supporting faster hikes than most of her fellow Fed officials.
more to come
A different George!
