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Kathleen Hays: Fed Faces Communication Challenge as Prices Stay High: George

Former K.C. Fed Chief Says Transparency Not Same as Clarity. Welcome to Central Bank Central. I'm Kathleen Hays, a very special edition of Central Bank Central. I'm at the Federal Reserve Bank of Cleveland, a very important conference today. Central Bank challenges on communication, theory and practice. Loretta Mester has been president of the, I should say, the Cleveland Fed is going to be stepping down about a month and a half. And this is an event that in many ways honors her and the work she has done to further central bank communication. And another person who's been doing the same job, now she left the Fed, what, was it last year? Last year. And that's Esther George. She was president of the Federal Reserve Bank of Kansas City.

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Posted: May 13, 2024 Monday 02:21 PM