Esther George News

02.08 / 19:35
Citi Career CEO Southern Executive Reserve Banking executive Jeffrey Schmid named president of Kansas City Federal Reserve Bank
Jeffrey Schmid, a former banking executive, has been appointed the next president of the Federal Reserve Bank of Kansas City, beginning Aug. 21
25.08 / 11:21
Citi Lowe's Remark ADP Jackson Hole conference begins, here’s what’s expected
The Federal Reserve Bank of Kansas City’s annual gathering in Jackson Hole, Wyoming gets underway with a dinner on Thursday evening. Here’s what to expect from the two-day conference featuring central bankers from around the world:
02.08 / 19:09
Citi CEO Strategy Southern veteran Veteran banker Jeffrey Schmid picked to lead Kansas City Fed
The Kansas City Federal Reserve is about to get a new leader as the inflation-fighting central bank plots its course ahead.
01.01 / 16:17
Citi Retiring Fed President Challenged the Consensus Inside Central Bank
The Federal Reserve is set to lose one of its more diligent skeptics when Esther George, president of the Federal Reserve Bank of Kansas City, retires next month.
30.12 / 15:13
Citi Retiring Fed President Challenged the Consensus Inside Central Bank
The Federal Reserve is set to lose one of its more diligent skeptics when Esther George, president of the Federal Reserve Bank of Kansas City, retires next month.
17.11 / 15:15
Citi NOT Reducing Inflation Without a Recession Might Not Be Feasible, Fed Official Says
KANSAS CITY, Mo.— Inflation is at risk of growing entrenched in the economy due to an overheated job market, and that will make it increasingly difficult for the Federal Reserve to bring inflation down without a recession, a central bank official said in an interview.
16.11 / 15:19
Citi NOT Lowering Inflation Without a Recession Might Not Be Feasible, Fed Official Says
KANSAS CITY, Mo.— Inflation is at risk of growing entrenched in the economy due to an overheated job market, and that will make it increasingly difficult for the Federal Reserve to bring inflation down without a recession, a central bank official said in an interview.
22.08 / 13:09
Ethereum Citi CEO Bitcoin Bitcoin Price on Verge of $20,000 amid Fed’s Interest Rates Announcement
Bitcoin and other major cryptocurrencies plunged back last week on Friday, wiping almost $200 billion from the combined market after a serious collapse warning.
27.07 / 21:25
UPS Fighting Time Fed hikes interest rates by 0.75 percentage point for second consecutive time to fight inflation
The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation without creating a recession. In taking the benchmark overnight borrowing rate up to a range of 2.25%-2.5%, the moves in June and July represent the most stringent consecutive moves since the Fed began using the overnight funds rate as the principal tool of monetary policy in the early 1990s.
25.05 / 21:27
Citi Kansas City Fed Leader Esther George to Retire in January
The Federal Reserve Bank of Kansas City said Wednesday that its leader, Esther George, will retire in January due to age limits.
19.05 / 16:49
Citi Target CME Inflation-fighting Fed isn't focused on impact of rates on stocks, Esther George Says
Kansas City Federal Reserve President Esther George said Thursday that higher interest rates are needed now to bring down inflation and policymakers are not focused on the impact that is having on the stock market.
14.02 / 13:35
Citi Central Bank Should Weigh Asset Sales to Curb Inflation, Says Fed Official
A top Federal Reserve official said the central bank should consider selling bonds from its $9 trillion asset portfolio to address high inflation and guard against harmful effects that can result from raising short-term rates above long-term rates.
08.11 / 13:41
Citi Action Derby’s Take: A Hawkish Case for Fed Action on Inflation Emerges
Federal Reserve Chairman Jerome Powell’s clear guidance that the U.S. central bank doesn’t need to raise short-term interest rates soon is facing a nascent challenge by one of the institution’s most reliable hawks.

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