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Dudley, a voting member of the Fed and vice-chairman of the Federal Open Market Committee, was speaking in an exclusive interview with CNBC. He said that weaker global developments, particularly in China, could potentially slow the U.S. economy. A stronger dollar has also weighed on American exports. "It's a mixed picture, the domestic side of the economy looks really good, some temporary drag from inventories and some more persistent drag from the trade sector," he said.
We are also awaiting October 30 when we will be meeting with the Bank of Japan, this will be the last piece of our puzzle, let's not forget that USDJPY is currently a major driver for us.