Kansas City Fed hawk Esther George on the US outlook:
Says Fed is 'understandably cautious'.
US fundamentals are strong enough to sustain growth.
Economy in 'good spot' to warrant further rate rises.
Fed should continue gradual pace of rate hikes.
Dec liftoff was 'a late start'.
Recent market volatility is no 'necessarily worrisome'.
George is a voter this year and a major hawk. The comments are on the hawkish side as a whole but they're scaled down from her usual rhetoric and that's a notable shift to the more dovish side.
She certainly doesn't sound like someone who is hell-bent on a March hike.
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