Esther George, Federal Reserve mulls how to boost economic growth

24 Aug 2017 02:30 PM

Esther George, Governor of the Federal Reserve in Kansas, made the following statement:
• I support a federal budget cut sooner rather than later.
• Moving too slowly involves the risk of pushing the unemployment rate below sustainable rate and causing recession.
• I do not see a need to pause tightening monetary policy.
• I still see a chance to raise interest again.
• We are still monitoring the economic data.
• The US economy is doing well.
• we should begin to gradually remove accommodation.
• In the current economy, we have to be careful.

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