Richard Fisher: Fed Won't Catch Markets If US Falls Off "Cliff"

In an interview with Larry Kudlow, Richard Fisher, president of the Dallas Federal Reserve Bank says that there is a limit to what the Fed cam do to stimulate the economy is face of fiscal irresponsibity.   

Lawrence Kudlow is the host of CNBC’s primetime “The Kudlow Report” (7pm to 8pm ET). He is also the host of The Larry Kudlow Show, which broadcasts on Saturdays from 10am to 1pm ET on WABC Radio and is syndicated nationally by Cumulus Media. He is also a nationally syndicated columnist and a former Reagan economic advisor. CNBC's The Kudlow Report also airs on Sirius (ch.129) and XM (ch.127) weeknights at 7pm ET.