FXStreet (Bali) - US Fed vice-charman Stanley Fischer, crossed the wires over the weekend, via Reuters, speaking at the IMF in Peru, noting that the US economy continues growing but with considerable uncertainty due to global economic and financial conditions.
Fischer added: "Both the timing of the first rate increase and any subsequent adjustments to the federal funds rate target will depend critically on future developments in the economy."
Additional headlines
Shifting expectations about the Fed's policy plans could itself be a source of volatility but US officials can't communicate more than facts warrant
Fed decision to delay rate hike is Sept meant to allow more time to assess developments globally and particularly in China
Does not anticipate recent events will have a significant effect on Fed policy, but notes "disappointing" recent jobs report and slow export growth
Slowing rate of jobs growth still adequate to absorb remaining slack in US labour market
Drag of low oil prices on US investment appears to be waning
Exports may be restrained by strong US dollar for "somewhat longer
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