Fed's George: Fed should not get behind on rate rises

President and chief executive officer of the Federal Reserve Bank of Kansas City Esther George (hawk and 2016 voter), is crossing the wires, noting that she does not want Fed to get behind on rate rises, Reuters reports.

Headlines

Says she is not interested in seeing the economy slow down

She believes Fed needs to slowly but surely make progress in raising rates

Says she does not want Fed to get behind on raising rates and have to raise them quickly

Fed will continue to debate on the timing of a rate hike

Fed discussions are apolitical, do not talk about how elections will turn out

Insulation from short-term political pressures allows Fed to make hard decisons