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