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. Historically, Kansas City Fed presidents have had hawkish views, so her retirement may not have a significant impact on interest rate policy.
