What to watch to see if Fed hikes are working: Fmr. Fed pres.

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What to watch to see if Fed hikes are working: Fmr. Fed pres.
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At its November meeting, the Federal Reserve decided to keep interest rates where they are. Former President of the Federal Reserve Bank of Kansas City...

At its November meeting, the Federal Reserve decided to keep interest rates where they are. Former President of the Federal Reserve Bank of Kansas City Esther George says that this a"particularly challenging time" for the FOMC, as evidenced by Chairman Powell's comments about"the need to be more confident, the need to be more convinced that these rates are sufficiently restrictive to cool the economy down and to see... inflation begin to return to that 2% target.

Adam Kinzinger said onetime Trump chief of staff John Kelly 'could barely stay awake' during a White House breakfast and told GOP lawmakers he was 'barely holding it together' in the role

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