The Fed’s economic ‘experiment’ isn’t over, KC Fed’s Esther George says
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Kansas City Federal Reserve President Esther George told CNBC the most recent economic data on Thursday shows growth continuing to move forward. In a "Squawk Box" interview, she said it’s time to remove some accommodation. She added that a Fed funds overnight lending rate of 1 percent would still be.
Get all Latest News about Kansas City Fed President Esther George, Breaking headlines and Top stories, photos & video in real time This is still well short of 2.5 per cent to 3 per cent, the level at which most Fed officials believe rates would no longer act as a stimulant to economic growth.
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The Federal Reserve sees an opportunity to remove some of the monetary stimulus it has given the U.S. economy, Kansas City Federal Reserve President Esther George said on Tuesday.
Fed’s George says Trump isn’t influencing her votes on rate hikes August 23,Off on Fed’s George says Trump isn’t influencing her votes on rate hikes President Donald Trump ‘s criticism isn’t influencing the way Kansas City Fed President Esther George , long one of the central bank’s most hawkish members.
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Fed’s George Says President Comments Don’t Alter Her Actions. President Donald Trump’s criticism isn’t influencing the way Kansas City Fed President Esther George, long one of the.
Kansas City Federal Reserve Bank President Esther George is best known nationally as a critic of the Fed’s monetary policy, but in a wide-ranging interview she talks about Dodd-Frank, bank capitalization and the challenges facing community banking, in addition to interest rates.
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Fed’s George Says President Comments Don’t Alter Her Actions Published on August 24, 2018 by Eleanor Douglas President Donald Trump’s criticism isn’t influencing the way Kansas City Fed President Esther George, long one of the central bank’s most hawkish members, conducts policy.