Fed’s Dudley 'definitely' sees rate hike before US election if economy grows & labour market improves quickly

New York Fed Chief Dudley is still speaking on the monetary policy at a panel discussion at an event in Bali.

Key Quotes:

Productivity in us and around the world has been 'quite disappointing'

Central bankers can't do much about productivity growth, up to government and legislators to make economy more efficient

Timing of interest rate hike uncertain

'Definitely' see interest rate hike before US election if economy grows & labour market improves quickly