Fed's Kashkari: Forward guidance can undercut Fed's message if consistently wrong

More headlines from Fed Minneapolis President Neel Kashkari are crossing the wires, where he talks about the US economy and giving more insights on current Fed's policies.

Key headlines (via Reuters):

• He doesn't see a housing bubble in U.S. economy
• He has mixed views on Fed's use of 'dot plots'
• Fed paying interest on reservse is key tool for fed to implement monetary policy
• Inefficient allocation of capital could be factor in low productivity growth