- Asian markets make gains…
- but the FTSE100 dips into negative territory
- Oil extends its rise after the biggest one-day price increase in 6 years
- UK GDP confirmed at 0.7% growth in Q2
- Greece has a new finance minister: Yiorgas Houliaràkis
- Central bankers head for the hills
Reuters has been snapping the highlights from Fischer’s CNBC interview, where importantly he has also said that with the economy getting back to normal the Fed will have to show that at some point by normalising rates and he has made no decision on September.
Comments from US policymaker Stanley Fischer are just hitting the wires, and he seems to share his fellow rate-setter William Dudley’s view that the latest bout of market turmoil could push back a rate hike that, until this week, many had expected to come as soon as next month.
Fischer has told broadcaster CNBC that market volatility does affect the timing of interest rate decisions.
Source: The Guardian Circular Economy RSS