Kansas City Fed Boss Retires Meanwhile Americans Confront Inflation & Recession

For those who might be interested in who REALLY runs things in Kansas City. 

This item of passing interest is worth a peek. 

Whilst the rest of us fight for money and survival.

This lady actually helped determine THE VALUE OF THE MONEY IN YOUR POCKET.

Her tenure was impressive and, of course, merits consideration . . .

Esther George, who has typically supported higher interest rates to ward off inflation — a “hawk,” in Fed parlance — spent 40 years at the Kansas City Fed and became president nearly 11 years ago. Historically, Kansas City Fed presidents have had hawkish views, so her retirement may not have a significant impact on interest rate policy.

Read more via www.TonysKansasCity.com link . . .

Kansas City Fed President Esther George announces retirement

WASHINGTON - The president of the Federal Reserve Bank of Kansas City, Esther George, said Wednesday that she will retire in January, as required by the Fed's mandatory retirement rules. George, who has typically supported higher interest rates to ward off inflation - a "hawk," in Fed parlance - spent 40 years at the Kansas City Fed and became president nearly 11 years ago.

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