Statement

Name: William C. Dudley

Summary: NY Fed's Dudley says too early to think about a rate rise: paper: "It is too early to consider an interest rate rise in the United States due to concerns about global economic growth, New York Federal Reserve Bank President William Dudley was quoted as saying by an Italian newspaper on Monday... "It's true we thought we could raise interest rates by the end of 2015, but turbulence on financial markets, modest global growth, energy prices and macro-prudential imbalances are slowing this process down." He added that it was "still too early to think about raising interest rates"."

Lean: Dovish

Substantially Similar to Prior Statements: No

Statement Date: October 15, 2015

Publication Date: October 19, 2015

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