Federal Reserve Governor Jerome Powell: the Fed has not decided whether to hike interest rates or not

Market news

5 August 2015

Federal Reserve Governor Jerome Powell: the Fed has not decided whether to hike interest rates or not

Federal Reserve Governor Jerome Powell said on Wednesday that the U.S. labour market continues to strengthen. He added that he did not make a decision whether interest rates should be hiked next month.

"Nothing has been decided and I haven't made any decisions of what I would support and certainly the committee hasn't," Powell said.

Fed governor added that he is awaiting the release of the incoming economic data.

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