Fischer Says Global Outlook Weighs More on Fed Than in Past

  • Says Fed won't raise rates at time that not suitable for U.S.
  • Fischer's remarks follow Dudley who still sees 2015 liftoff

Federal Reserve Vice Chairman Stanley Fischer said the U.S. central bank delayed raising interest rates last month to “take time to appraise” what slower growth in China means for U.S. inflation and growth and acknowledged global developments now weigh more heavily on monetary policy than was traditionally the case.

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