Fed could pause on weak data says McTeer

Dallas Fed President Robert McTeer said on Thursday 7 October that the Federal Reserve's decisions to raise short-term interest rates will depend on incoming economic data for the US.

"Certainly, there could be a number so bad that we would pause," McTeer, who is not a voting member of the Federal Open Market Committee under this year's rotation, said at an event hosted by Market News International.

However, he said during later audience questioning that it is also possible the Fed could speed up

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account