Fed's George wants end to zero rates, does not say when

vendredi 28 mars 2014

Handout photo of Kansas City Federal Reserve Bank President Esther George A top Federal Reserve official who has often warned of the risks of keeping U.S. interest rates too low for too long said on Friday she wants to see how winding down the Fed's massive bond-buying stimulus goes before setting out any path for rate hikes. "I don't think it would be fair to say I have a date in mind or a path in mind," for the appropriate timing of the Fed's first rate increase, Kansas City Federal Reserve Bank President Esther George told the Central Exchange, a group of women professionals. George's reticence on her preferred path for rate hikes sets her apart from her peers, who in recent days have shown an increased willingness to voice their views. St. Louis Fed President James Bullard, for instance, said he would want to see rate hikes begin in early 2015;








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