Cleveland Federal Reserve President Beth Hammack and Chicago Fed President Austan Goolsbee both see inflation as a far bigger problem than employment, underscoring their support for tighter rather than looser monetary policy as the Iran war puts upward pressure on energy prices and the job market remains stuck in low gear. The pair were asked at a joint interview by The Indicator from Planet Money podcast to provide their economic assessments using a four-color scheme, from "the house is on fire" red to "everything is looking swell" green.