The global economic slowdown remains a major concern for the Federal Reserve.
Fed Vice Chairman Stanley Fischer reiterated Friday that China's economic slowdown -- and its ripple effect -- is pushing back the Fed's decision to raise rates. The question is just how long the Fed will wait.
"We didn't raise the rate in September because we wanted to take time to appraise what had happened in China in particular," Fischer told CNN International anchor Richard Quest at the IMF's annual meeting in Lima, Peru.