January 18, 2023 17:00 GMT
MNI BRIEF: Fed's George To Step Down 'In A Few Days'
KC Fed chief's replacement has yet to be announced.
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Kansas City Fed President Esther George said Wednesday she will be stepping down from her role soon. No replacement has been announced yet.
"In a few days, I will be stepping down from my post as president of the Kansas City Fed, having reached mandatory retirement, concluding a Fed career of more than 40 years," she said in remarks prepared for an Exchequer Club meeting in Washington. She offered no comments on the economic outlook or Fed policy in her remarks.