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KC Fed Pres George unsurprisingly......>

BOND SUMMARY
BOND SUMMARY: KC Fed Pres George unsurprisingly wary of easing in CNBC and BBG
interviews.
- "As I look at where the economy is, it's not yet time, I'm not ready, to
provide more accommodation to the economy without seeing an outlook that
suggests the economy is getting weaker," George told Bloomberg Television..."
Easing policy is not a free choice," George said. "It, remember, pulls forward
demand. It can make leverage more attractive. And I think, depending on where
you think you are in the business cycle, it can create more risk."
- The latter part (re downside to easing policy) sounds a lot like recent
comments from Boston's Rosengren, her fellow dissenter at the July meeting.

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