Fed's George says recent volatility hasn't changed her views on economy: Bloomberg TV
WASHINGTON (Reuters) - The U.S. Federal Reserve has time before its September meeting to gauge what recent financial volatility might mean for the U.S. economy, but so far the economy still appears to be on solid ground, a regional Fed bank chief said.
"We have to be careful ... trying to decide today how we might react to" recent financial market volatility, Kansas City Federal Reserve Bank President Esther George told Bloomberg TV in an interview that aired on Thursday.
"I think that takes more time and we have time. We have until our September meeting to see how things look then."
"At this point, for me, I have not seen something that would change my own sense of how the economy is doing," added George, who has been calling for the central bank to raise rates.
(Reporting by Timothy Ahmann; Editing by Chizu Nomiyama)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bostic: Won't Be In Position To Reduce Rates Until End Of Yeary
- Goolsbee: Makes Sense To Wait, Get More Clarity Before Moving
- Overall economic activity expanded slightly - Beige Book
Create E-mail Alert Related Categories
Fed, ReutersRelated Entities
Esther GeorgeSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!