Fischer on CNBC

  • Health care debate could change my internal calculus
  • The FOMC has included a small fiscal stimulus in its projections
  • Two more hikes to me 'seems to be about right'
  • We're watching fiscal policy very closely
  • Risks are more or less balanced towards more of fewer hikes
  • Says he's considered staying on as Governor after terms as Vice-Chair ends
  • Rate of investment is very low right now, fiscal policy could help
  • So far we're not seeing any problems from US rate rise in emerging markets
  • The US dollar hasn't continued to strengthen
  • Emerging markets have a good chance of having less difficulty than we worried about a few months ago

Middle-of-the-road stuff. But note that officials are consistently passing up opportunities to take a more-hawkish view.