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Thursday, August 27, 2015

KC Fed's George repeats call for rate hikes but says market turmoil complicates decision

KC Fed's George repeats call for rate hikes but says market turmoil complicates decision

 Kansas City Fed President Esther George says the market turmoil "complicates" any decision to raise rates, but she repeated her long-held call for normalization. George, who is considered a hawk, said the market swings may have been impacted by the central bank's moves. "I think [Fed policy] has an influence on it," said George in an interview with CNBC. She doesn't have a vote this year.

Pure authentic  frontier gibberish, they are not raising rates, not now not in the future anytime soon.



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