More commentary from Federal Reserve's Dallas head Robert Kaplan

  • 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

Headlines via Reuters

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Earlier:

  • Fed's Kaplan: Confident US inflation will rise to 2% by end of 2017
  • More from Fed's Kaplan: Don't know that China's problems are worse than we thought