-
Fed's George: Keeping rates on hold for now appropriate
FED'S GEORGE: KEEPING RATES ON HOLD FOR NOW APPROPRIATE
— *Walter Bloomberg (@DeItaone) January 14, 2020
-
GEORGE: SEE GDP NEAR TREND, UNEMPL LOW, INFLATION LOW, STABLE
— *Walter Bloomberg (@DeItaone) January 14, 2020
-
GEORGE: FED TO DIG DEEP IN TOOLBOX TO FIGHT NEXT RECESSION
— *Walter Bloomberg (@DeItaone) January 14, 2020
-
Fed's George:
— DailyFX Team Live (@DailyFXTeam) January 14, 2020
- Headwinds to business expenditure likely to remain $DXY
-
Fed’s George says keeping interest rates on hold “appropriate” for now
The U.S. Federal Reserve is right to keep interest rates unchanged for the time being given the overall health of the U.S. economy, Kansas City Fed Bank President Esther George said on Tuesday. “With an economy growing at or above potential, a strong labor market, and low and stable inflation, policymakers will need time to judge the proper stance of policy ,” George said in prepared remarks about the U.S. economy to an audience at the regional bank’s headquarters in Kansas City. “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 ... (full story)