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George: Above Target Inflation Shows Fed Policy Not Restrictive, Time to Drop Easing Bias Here
From kathleenhays.substack.com
video Esther George was president of the Federal Reserve Bank of Kansas City from 2011 to 2023, a decade that was marked by a slow economic recovery from the Great Financial Crisis which the Fed fought with growing bond purchases, and the Covid years when inflation soared and the Fed had to fight it with a series of aggressive 75 bps rate hikes. So she has been on both sides of economic cycles. And participated in many Fed policy debates. Esther joined me as Jay Powell oversaw his last policy meeting as chair of the Federal Reserve, and announced that he will step down from that role as his second year term ends and ... (full story)
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- Apr 30, 2026 7:57pm Posted byFundamental Analysis52,328
