Comments from George in Kansas City:

  • Natural rate of US unemployment could be lower

These are preliminary comments. We will keep an eye out for anything market moving. George is a hawk so anything slightly dovish could have an effect.


  • Will continue to see economic growth around trend
  • Trade, tariffs and global growth are risks to US outlook
  • She is prepared to adjust her view of appropriate monetary policy should downside risks materialize
  • Uncertainty can cause business to pull back