Nov 10 (Reuters) - Kansas City Federal Reserve President Esther George on Thursday reiterated her support for a slower pace of U.S. interest rate increases, calling for a "more measured" approach that allows the central bank time to judge how the rises in borrowing costs are affecting the economy.
"I continue to see several advantages for a steady and deliberate approach to raising the policy rate," George said in remarks prepared for delivery to an energy conference co-hosted by her regional bank and the Dallas Fed.
The goal has been to slow the economy and bring down inflation that's running far higher than the Fed's 2% goal.
George dissented in June when the Fed pushed through the first of its extra-large rate hikes, and though she has not done so since, she has repeatedly called for a slower, steadier pace of increases than what the central bank has delivered.
"A more measured approached to rate increases may be particularly useful as policymakers judge the economy's response to higher rates," she said.