Fed’s George: U.S. Economy Is in ‘Good Place’ - News Summed Up

Fed’s George: U.S. Economy Is in ‘Good Place’


Kansas City Federal Reserve leader Esther George said Sunday she isn’t worried about low inflation levels right now, in comments that show the official skeptical but open to the need to lower rates again. “The U.S. economy is currently in a good place with low inflation, low unemployment, and an outlook for continued moderate growth,” Ms. George said in text for a speech before the National Association for Business Economics Annual Meeting in Denver.


Source: Wall Street Journal October 06, 2019 22:41 UTC



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