U.S. economic reports due for release Friday include durable goods orders, personal income and outlays, the Chicago Fed national activity index, the University of Michigan consumer sentiment survey, and the Kansas City Fed manufacturing survey.
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Esther George, president of the Kansas City Fed bank, said they should end immediately.
And the Kansas City Fed survey was up for the third month in a row.
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The Kansas City Fed only lets you return once after retirement, then you are banished for life.
U.S. economic data due for release Thursday includes the weekly jobless claims report and the Kansas City Fed manufacturing survey.
Kansas City Fed president Thomas Hoenig dissented from the FOMC's statement in September, and remains opposed to the central bank's stance.
Following the lead of Thomas Hoenig, Kansas City Fed chief Esther George warned QE3 and ultra-low rates could spark higher than expected inflation.
George was following in the footsteps of Thomas Hoenig, who used to head the Kansas City Fed and had dissented consistently with Bernanke.
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Kansas City Fed economist believes half the decline is due to the recession in 2008-2009, and the other half to these demographic forces.
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The data on manufacturing was also encouraging, as the flash PMI Manufacturing Index and the Kansas City Fed Manufacturing Index both reflected steady growth.
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Both the Richmond and Kansas City Fed Manufacturing Survey declined, as did the widely watched flash PMI Manufacturing index, which dropped to 52 from 54.2.
U.S. economic data due for release Thursday includes the weekly jobless claims report, the pending home sales index and the Kansas City Fed manufacturing survey.
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U.S. economic data due for release Thursday includes the weekly jobless claims report, gross domestic product, pending home sales and the Kansas City Fed manufacturing survey.
U.S. economic data due for release Thursday includes the weekly jobless claims report, the fourth-quarter GDP estimate, the ISM Chicago business survey, and the Kansas City Fed manufacturing index.
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U.S. economic data due for release Thursday includes the weekly jobless claims report, personal income and outlays, the Kansas City Fed manufacturing survey, and ICSC chain store sales trends.
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U.S. economic data due for release Thursday includes the weekly jobless claims report, the flash U.S. manufacturing PMI, leading economic indicators, the weekly DOE energy stocks report and the Kansas City Fed manufacturing activity report.
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Kansas City Fed president Thomas Hoenig estimated in a recent interview that the real fed funds rate was negative 40 percent of the time during the 1970s and the 2000s, the two debt supercycles Milken referred to.
U.S. economic data due for release Thursday includes the weekly jobless claims report, gross domestic product data for the third quarter, pending home sales, the Kansas City Fed manufacturing survey, and the ICSC chain store sales report.
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There is a significant batch of U.S. economic data due for release Thursday, which includes the weekly jobless claims report, the third-quarter GDP estimate, corporate profits, the ISM Chicago business survey, and the Kansas City Fed manufacturing survey.
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But regional bank presidents draw more attention when they're among the ones who cast votes, as Kansas City Fed President Thomas Hoenig showed when he formally objected to the Fed's current policy at all seven of the committee's meetings this year.
Esther George, president of the Kansas City regional Fed bank, dissented for a third straight meeting.
Esther George, president of the Kansas City regional Fed bank, dissented for a second straight meeting.
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