Goolsbee and Kashkari: ...Middle East

Minneapolis Fed Pres. Kashkari:Is cautious about how restrictive monetary policy isThe business community does not think that financial conditions are tight.I am in a wait and see modeCan't rule out raising ratesWe saw gains in the supply side of the economy which drove the declines inflation last year. I just don't know this year if we will see more.Is there argument that the neutral rate has gone up. Not sure where the neutral rate is now. That is why in a wait and see mode.The default is we will sit and wait for an extended period of time Chicago Fed Pres. GoolsbeeWe have crosscurrents coming through on the dataPrice inflation on housing in the forefront of my mindSee some bumps in the

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