Fed’s Fischer: Political progress has slowed down relative to expectations

Fed’s Fischer on CNBC
– China is doing better, Europe is doing better
– In Britain nothing has changed
– The two surprises in CPI were energy prices and a large decline in cell phone usage costs
We didn’t learn much here but he brushed off the soft CPI report and that shows the Fed isn’t married to a June hike. He also brushed off a what everyone expects to be a soft Q1.