Fed’s George Resumes Her Rate-Hike Push After Strong Jobs Report
- KC Fed president says long-term ‘normal’ rate may have dropped
- Says growth challenges require policies outside Fed’s realm
U.S. June Jobs Report Allays Concerns
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Federal Reserve Bank of Kansas City President Esther George has resumed her advocacy for interest-rate increases, citing the June rebound in U.S. hiring as a key reason to push rates further above zero.