Fed's George: Longer-term Inflation Expectations Anchored

Kansas City Fed President Esther George discusses factors affecting inflation, including oil prices and the strong dollar. She questions the need for a fundamental change in monetary policy, emphasizing the importance of humility in policymaking. Communication challenges within the Fed are highlighted, particularly regarding interest rate signals and market reactions. The role of the Kansas City Fed Symposium in shaping policy discussions is also explored.

What does Esther George suggest about the credibility of the Federal Reserve?

What is Esther George's perspective on the importance of data in monetary policy?

What does Esther George hope for the future focus of the Kansas City Fed Symposium?