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Fed’s George says Fed did not make a mistake to raise rates in Sept 2018

While speaking at an event hosted by the Money Marketeers of New York University,    Federal Reserve Bank  of Kansas City  George’s Q&A comments are coming through now:  

  • US economy is operating above its potential
  • Fed did not make a mistake to raise rates in Sept 2018
  • A herd mentality is not something she worries about on the Federal Open Market Committee  
  • The Fed remains apolitical
  • People will not fin a political tone in Federal Reserve deliberations  
  • Slower global growth is a headwind  

Fed’s George says Fed can take a wait and see approach, notable downside risks to economy – Reuters

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