31-08-2015 13:34 via news.yahoo.com

Futures fall as September rate hike back in focus

Weekend comments from Federal Reserve Vice Chairman Stanley Fischer appeared to keep the door open for a rate hike next month. U.S. inflation will likely rebound as pressure from the dollar fades, allowing the Fed to raise interest rates gradually, Fischer told CNBC at the global central banking conference in Jackson Hole, Wyoming. Fischer's comments suggest the Fed could look beyond a week of stock market turmoil brought on by fears that China's economy is faltering.
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