August 22, 2019 / 11:56 AM / a month ago

Fed's George says she would be happy to keep rates at current levels

(Reuters) - Kansas City Fed President Esther George said on Thursday that she would be happy to leave interest rates at their current levels, as U.S. central bank officials assess how trade tensions between the United States and China may affect the economy and monetary trade policy.

“We’re at a sort of equilibrium right now and I’d be happy to leave rates here absent seeing either some weakness or some strengthening, some kind of upside risk that would cause me to think rates should be somewhere else,” George said in an interview with Bloomberg TV.

Reporting by Makini Brice and Doina Chiacu; Editing by Chizu Nomiyama

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