Fed watching recent U.S. weakness; rate-hike timing unclear: Dudley

NEWARK, N.J. (Reuters) - The timing of the Federal Reserve's interest rate hike, which would be its first in nearly a decade, is unclear and for now policymakers must watch that the U.S. economy's surprising recent weakness does not signal a more substantial slowdown, a top Fed official said on Monday.

from Reuters: Business News http://ift.tt/1CfPWm3