Statement

Name: William C. Dudley

Summary: Fed's Dudley still expects 2015 rate rise: "Federal Reserve Bank of New York President William Dudley told television network CNBC on Friday he's still anticipating a rate rise this year. "Based on my forecast, yes I am" still expecting the central bank to boost short-term rates off their current near-zero levels before the year ends, Mr Dudley told the news channel. But he cautioned his view is based on his outlook the economy will continue to grow and add jobs at a decent clip, and he said his views on rates aren't "a commitment" to act. "

Lean: Hawkish

Substantially Similar to Prior Statements: No

Statement Date: October 9, 2015

Publication Date: October 10, 2015

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