Quote from optioncoach:
My point is I see a lot of indecision in the Fed as to whether the need to cut rates right now. Many comments are coming from non-voting members but their comments are still relevant.
Some relevant comments:
"San Francisco Fed President Janet Yellen, an influential policy maker, agreed that there were risks of a significant economic slowdown.
"Yellen said she was hopeful that the turbulence in the financial markets could be contained to Wall Street and not hurt Main Street. "