Fed's George (non-voter, hawk): FOMC has signaled that every meeting is live for rate hikes; my view for some time has been that the US can handle rate hikes - CNBC interview
- The US is prepared for rate normalization
- This week's events in markets complicates the picture for the Fed, too soon to say what market volatility might mean for the US
- US economy is in a fundamentally in a good place, have not seen anything that would change economic outlook- Inflation expectations are relatively stable