Fed's George Urges FOMC to Keep March on the Table for Rate Hike
- Recent volatility hasn't changed the outlook thus far: George
- Says she doesn't see negative interest rates warranted in U.S.
Esther George.
Photographer: Ron Antonelli/BloombergThis article is for subscribers only.
Federal Reserve policy makers should be prepared to consider raising interest rates in March despite recent financial market volatility, said Kansas City Fed President Esther George, whose outlook for solid growth this year remains intact.
“It absolutely should be on the table” at the next meeting, George told Pimm Fox and Kathleen Hays in a Bloomberg Radio Tuesday from the bank. “At this point I would not say that the data have suggested there has been a fundamental shift in the outlook.”