Fed's Fischer: 'haven't made decision yet' on rate rise 

Stanley Fischer says no decision has been made yet on raising interest rates at the Federal Reserve's September policy meetingFederal Reserve Vice Chair Stanley Fischer said Friday that the door remains open for the Fed to lift interest rates next month, after a week of China-sparked global markets turmoil. Fischer said no decision had been made ahead of the US central bank’s September 16-17 meeting, with policy makers still watching to see how deep the fallout is from China’s downturn. Fischer told CNBC television in an interview that while the US economy remains strong, it was “too early to tell” whether the markets turmoil sparked by China has lessened the argument for a long-expected increase in the federal funds rate.

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