Fed Vice Chair Stanley Fischer interview on CNBC
- Says China developments are more significant as they are difficult to interpret and know.
- Notes uncertainty has risen in the markets.
- Unclear the impact of North Korea news.
- The overall arch of the rate increase is more important than the meeting to meeting assumptions.
- Believes projected rate increase (4 in 2016 at the moment) is 'in the ballpark'; Does not have enough information at the moment to say with certainty how many hikes are in 2016.