Fed’s George wants to raise short-term rates to around 3% over next 2 or 3 Years
From news.forexlive.com
Esther George is president of the Federal Reserve Bank of Kansas City And one of the more bat-shit crazy insane hawkish Fed presidents Made her comments in an interview with The Wall Street Journal: •"Today my views are it is time to move" •"Where I was in July made sense to me and it still makes sense to me." •"I don't see better outcomes from waiting." More: •Does not want to raise rates so much that an already slow-growing economy slows further •Economic outlook is modest •Supports Yellen's plan to move rates up gradually •Says consumer spending & labor markets bright spots ... but business investment remains ...
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