Kansas City Federal Reserve Bank President Esther George spoke Tuesday - recap

Author: Eamonn Sheridan | Category: Central Banks

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,"

Fed's George: Appropriate to hold rates for now to assess economyGeorge is not an FOMC voter this year


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