In an interview with CNBC, Kansas City Federal Reserve President Esther George said that she doesn’t see a signal of a downturn in the economy and argued that negative rates wouldn’t be right for the US right now. “I think the Fed still has a large balance sheet,” Geroge added. Earlier in the session, George told Bloomberg that she would be happy to leave the rates unchanged and explained: “It’s not the time for accommodation, the labour market remains strong. Businesses are still reporting issues finding workers, we are seeing higher wages.” The market reaction to her latest comments was relatively muted and the US Dollar Index was last up 0.05% on the day at 98.30. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next ECB: Growing concerns about growth and inflation outlook – ING FX Street 4 years In an interview with CNBC, Kansas City Federal Reserve President Esther George said that she doesn't see a signal of a downturn in the economy and argued that negative rates wouldn't be right for the US right now. "I think the Fed still has a large balance sheet," Geroge added. Earlier in the session, George told Bloomberg that she would be happy to leave the rates unchanged and explained: "It's not the time for accommodation, the labour market remains strong. Businesses are still reporting issues finding workers, we are seeing higher wages." The market reaction to her latest comments… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
