Correspondent, Chicago
Ann's Feed
May 30, 2014
May 30, 2014
May 30, 2014
May 30, 2014
May 30, 2014
May 30, 2014
May 30, 2014
May 30, 2014
May 30, 2014
May 30, 2014

Fed’s George wants rate hikes, open to big balance sheet

, May 29 (Reuters) – Kansas City Federal
Reserve Bank President Esther George said Thursday she is open
to leaving the U.S. central bank’s balance sheet big even as it
withdraws accommodation, a comment that reveals the extent of
uncertainty at the Fed over future policy.

The Fed’s balance sheet now tops $4 trillion after years of
buying bonds to boost the economy, a policy that George has
opposed for years.

    • About Ann

      "Coverage includes Federal Reserve regional banks, U.S. monetary policy, interest-rate futures markets, and financial exchanges and clearinghouses serving the derivatives marketplace, including CME Group."
      Joined Reuters:
      2010
      Languages:
      English, Japanese
    • More from Ann

    • Follow Ann