Federal Reserve Bank of Kansas City President George

Speaking in Nebraska on her economic outlook

  • US under full employment
  • Inflation is relatively mild
  • US labor market continues to tighten
  • Wages are outpacing inflation, a positive for consumers
  • US investment is being helped by global economic growth
  • Hurricanes will have a temporary impact on the US economy
  • not too concerned by recent low readings on inflation
  • Low inflation helps consumer purchasing power
  • The Federal Reserve's gradual approach to take hikes is appropriate
  • Its time to continue Fed rate hikes

Headlines coming via Bloomberg

George a bit more hawkish than Dudley, but she usually is more hawkish than other Federal Reserve Prezzies, so no surprise there.

Dudley earlier today: