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 monitor incoming ... (full story)