The one official most likely to dissent this year from the Fed's easy-credit policies is one of the new voting members: Esther George, president of the Federal Reserve Bank of Kansas City. Like Lacker, George is known as a "hawk."Among economists and Fed-watchers, hawks are those who tend to worry that interest rates kept too low for too long could escalate inflation or fuel asset bubbles. By contrast, "doves" place a higher priority on boosting the economy and reducing unemployment.
Fed's New Voting Lineup Won't Likely Alter Policy
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