In an interview with Bloomberg's Michael McKee, Stephanie Ruhle and Matthew Miller, Dallas Federal Reserve President and CEO, Richard Fisher said:

• FOMC statement made policy more state-contingent.
• FOMC has 'neutered' the considerable period time term.
• We've given the markets too much Ritalin.
• We need to have a fiscal partner.
• I'm uncomfortable when Congress tells us what to do.
• If we wait until inflation shows up, it may be too late.
• Waiting too long to raise rates could force a recession.

Video from this morning's interview will be posted shortly at: http://www.bloomberg.com/video/latest courtesy of Bloomberg Television.