Statement

Name: Esther L. George

Summary: Oklahoma, U.S. economies headed in opposite directions, expert says: "George, who is a nonvoting member this year, said she would have already voted to raise interest rates. The federal funds target rate has been between zero and 0.25 percent since late 2008. George said zero interest rates are not a historically normal rate. "It is time, when you have had an expansion for five years, to get off of zero interest rates," George said."

Lean: Hawkish

Substantially Similar to Prior Statements: No

Statement Date: November 5, 2015

Publication Date: November 6, 2015

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