Two Federal Reserve officials said on Friday the Iran war and its impact on energy markets were clouding the outlook for the economy and monetary policy, as one policymaker laid out an outlook calling for notably more interest rate cuts than most U.S. central bank officials currently support. "We don't know where this is going to go, but we have to sort of think maybe caution is warranted" for the Fed, given what's happening with surging energy prices, Fed Governor Christopher Waller said in a CNBC interview. Noting that many oil price shocks usually involve a surge and then a subsequent pullback, the Fed is ... (full story)