NEWS
KC Fed Chief: Raise Interest Rates
Elizabeth Williams DTN Special Correspondent
Wed Jul 15, 2015 09:48 AM CDT

KANSAS CITY -- (DTN) Esther George, president of the Kansas City Federal Reserve Bank, makes no secret that she thinks the time for the Fed to raise interest rates is sooner rather than later. While her opinion has been in the minority of the 19 participants of the Federal Open Market Committee which decides U.S. monetary policy, she made a compelling case here for raising rates beginning in September.

George spoke Tuesday at the Agricultural Symposium sponsored by the Federal Reserve Bank of Kansas City. Her remarks follow last week's comments by Federal Reserve Chairwoman Janet Yellen who also reaffirmed ...

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