Fed's Kaplan: By march there should be enough information to make a rate decision

FXStreet (Bali) - Fed's Kaplan (New Head of Dallas Fed), on his Q&A, continues to make comments on monetary policy, noting that by march there should be enough information to make a rate decision.

Main headlines - via Reuters

May not be enough data before January to make a decision to raise rates

Says that by March there should be enough information to make a rate decision

China stock market volatility forced Federal Reserve to pause before, could happen again

Sill be watching 10-year treasury for information on expectations for growth

Market does believe Federal Reserve will raise rates gradually and based on economic data

Says four rate hikes in 2016 is not baked in cake, believe policymakers will be open-minded

Need some time to see how things unfold in China, too soon to say

China intend to keep it stable - how ? - Rabobank

Michael Every, Head of Financial Markets reseasia, Asia Pacific, explained that it was reiterated that China will not weaken its currency“to gain unfair competitive advantage,” (despite a recent Reuters report that other officials urging exactly that path) and that it intends to keep CNY “stable” against a basket of currencies.
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