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Esther George

President, Federal Reserve Bank of Kansas City

Policy Stance Hawkish
Voting Member No
Date Assumed Current Office 01/01/2011
Rate Outlook
A hawk since her first Fed vote in 2011, George has continued to speak in favor of hiking rates this summer: “It’s more a process of pulling back on some of the accommodation. The sooner we do it the better,” George recently said. “If you wait until the economy is back to normal … then you risk putting policy behind the curve and you may have to raise rates more quickly,” George said. George is "not bothered by where we see inflation today," as weakness is due to transitory factors such as a temporary collapse in oil prices and robust U.S. dollar.
Biography
George joined the Kansas City Reserve in 1982 and held various leadership positions with the Bank, including in the Bank's research support functions, Public Affairs and Human Resources. In 2001 she became the bank's senior vice president in the Bank's Division of Supervision and Risk Management. In 2009 she was named executive vice president in charge of the unit. She is a former chair of the Federal Reserve System's Community Banking Organizations Management Group. She is a former chair of the Federal Reserve System's Community Banking Organizations Management Group.