Fed Fisher's stance on rates has not changed one iota as result of volatility

In remarks to CNBC Dallas Fed president Richard Fisher said he will supporting ending the central bank's programme of quantitative easing when the FOMC meets next week.

He was not troubled by the recent bout of volatility in markets, nor does he believe inflation is trending lower.

Fisher, a well-known 'inflation-hawk', does not see his Fed district - which includes Texas - being impacted by Ebola fears.

Lastly, he does not think low oil prices will lead to a slowdown in activity in that district. Indeed, some market commentary has been highlighting that the international price of crude would have to fall well below $80 per barrel to have any impact on the shale oil industry thanks to declining costs as technology has improved.