Fed's Esther George sees 'signs of life' in U.S. economy, despite current recession Kansas City Federal Reserve President Esther George says the U.S. economy is in a recession now, but we may not have a double-dip downturn. "I think my forecast is the economy will continue to grow, given the right supports. And so that's what I'm looking forward to," she said in an interview with FOX Business. More on this