Speaking to reporters
- Taking a wait and see attitude to see how economy responds
- Fiscal stimulus puts upward pressure on the economy
- Fiscal makes us (i.e. the Fed) more aggressive on rate hikes
- Could see big move in stocks if trade outlook changes
- Stock gains haven't been commensurate with profit growth
- Will wait and see what happens on trade
- In December was forecasting to hikes, has now adjusted his forecast to 3
- Everything on table in regard to 2, 3, 4 hikes in 2018
- Trade is causing uncertainty in the other direction
- Expects departure of Cohn to have an impact, introduce uncertainty about coming economic policy