Federal Reserve Bank of Kansas City President Esther George confirmed on Wednesday that she "reached mandatory retirement" after spending more than four decades at the central bank and that she'll leave the post "in a few days."
In one of her last public speeches as Kansas City Fed president,...
United States Federal Reserve Kansas City Bank President Esther George underlined on Friday that persistent inflationary pressures reflect "labor market tightness" which has led to a shift in "price pressures from goods to labor-intensive services."
George added that the imbalance of the supply...
United States Federal Reserve Kansas City Bank President Esther George told CNBC on Thursday that the central bank's most recent data shows "welcoming signs" of inflationary pressure easing but also stressed the need to hold interest rates raised into 2024 until prices are fully under...
Kansas City Federal Reserve President Esther George said on Wednesday that monetary policy tightening, together with overheating in the labor market, is likely to result in "some real slowing," and possibly a recession. "I have not in my 40 years with the Fed seen a time of this kind of tightening...
Kansas City Federal Reserve President Esther George confirmed her support for decelerating the pace of interest rate hikes in the coming months due to inflation data declining for the fourth month in a row.
George called for a "more measured" approach following the release of the October CPI data...
Fed Kansas City President Esther George argued on Friday that it is clear the United States is registering high inflation, noting the central bank is operating in a tight economy.
Commenting on the outlook, George warned there is no clear narrative regarding the growth perspective of the US...
Federal Reserve Bank of Kansas City President and Chief Executive Officer Esther George said on Thursday that there are still imbalances between supply and demand in the United States economy, describing the mismatch as "fundamental" and "broad-based."
There is still "more work to be...
Federal Reserve Bank of Kansas City President and Chief Executive Officer Esther George noted on Thursday that the central bank will be raising interest rates until it is clearly evident that inflation is on the way down.
There is still an imbalance between the supply and demand in the United...
President of the Federal Reserve Bank of Kansas City, Esther George, stated on Monday, during a conference, that the speed with which the central bank should raise its key interest rates is an "open question."
Although George underlined that she is "sympathetic to the view" of the rapid rate...
President of the Federal Reserve Bank of Kansas City, Esther George, shared in a statement on Friday that she has not seen "meaningful signs of deceleration" in inflation since it "began building over the past year."
Commenting on the recent vote to hike the benchmark interest rates by...
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