Fed Chair's Mute Button May Backfire

Fed Chair Kevin Warsh has been criticized for his approach to press conferences. In his second appearance, he gave few details about future plans and instead used a sports metaphor that was met with criticism.

Warsh's decision to remain silent on the Fed's future intentions may have unintended consequences, according to columnist Jessica Karl. She argues that this approach will ultimately backfire on the central bank.

Karl notes that Warsh's silence is 'deafening' and that he has a unique ability to be 'someone with main character energy,' implying that his actions are attention-grabbing but not necessarily productive.