The headlines are here: Fed's George: Appropriate to hold rates for now to assess economy
George was, in the past, a gung-ho hawk, but has tempered her views as data showed the slowing.
The Wall Street Journal have a bit of a recap piece up (may be gated)
- "Keeping rates on hold for now is appropriate in my view as we assess the economy's response to last year's rate cuts and monitor incoming data,"
- "I continue to see the expansion supported by solid growth in consumer spending, with continued weakness in manufacturing and business spending,"
George is not an FOMC voter this year