Kansas City Federal Reserve Bank President Esther George said Friday that the national economy continues to grow steadily, but that interest rates should remain low for "quite some time."
George said in a speech at Kansas City's Central Exchange that there are a number of promising economic signs, including falling unemployment, increasing business investment, improving consumer confidence and wage growth. Also encouraging is that potential potholes haven't stopped this progress.
"I think it's…
Kansas City Federal Reserve Bank President Esther George said Friday that the national economy continues to grow steadily, but that interest rates should remain low for "quite some time."
George said in a speech at Kansas City's Central Exchange that there are a number of promising economic signs, including falling unemployment, increasing business investment, improving consumer confidence and wage growth. Also encouraging is that potential potholes haven't stopped this progress.
"I think it's…