Earlier today, Kansas City Fed President Esther George said that the Fed should not have cut interest rates in July. Here’s why Jim Cramer believes that she should have “tempered her comments.”
Kansas City Fed President Esther George told CNBC's Steve Liesman that the Federal Reserve should not have cut interest rates in July. CNBC's "Squawk on the Street" crew discuss how well the economy is actually doing.
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Kansas City Fed President Esther George: The July rate cut was not needed'With this very low unemployment rate, with wages rising, with the inflation rate staying close to the Fed's target, I think we're in a good place,' Kansas City Fed President Esther George tells CNBC's steveliesman at the Jackson Hole Economic Symposium.
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Kansas City Fed's Esther George says the July rate cut was not needed'My sense was we've added accommodation and it wasn't required in my view,' George tells CNBC's Steve Liesman.
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Esther George says the Fed's 'large balance sheet' may have helped cause the yield curve inversion“I think the Fed still has a large balance sheet, and that could be putting some downward pressure on those longer-term rates.” Kansas City Fed President Esther George says that the Fed may be partly responsible for the yield curve inversion.
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Cardinal George Pell loses appeal against conviction for child sex abuseFormer Vatican treasurer George Pell will remain in prison after an Australian appeals court rejected his lawyers' attempts to overturn the disgraced cardinal's conviction for sexually assaulting two 13-year-old choirboys in the 1990s
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David Oyelowo to Join George Clooney in Netflix's 'Good Morning, Midnight'David Oyelowo to join George Clooney in Netflix's 'Good Morning, Midnight'
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