Share on StockTwits

The time has come for the Federal Reserve to raise interest rates, a top U.S. central banker said on Thursday, citing improvements in the labor market. Kansas City Federal Reserve Bank President Esther George, who is not a voting member on the Fed’s policymaking committee this year, told U.S. network CNBC in an interview, “I think the economy is already showing signs [of improvement]. I don’t want us to be behind the curve in beginning to normalize interest rates.”

“Fed’s George Says The U.S. Economy Is Ready For A Rate Hike” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.