Warsh Faces Backlash as He Prepares for High-Profile Speech

Federal Reserve Chairman Kevin Warsh has been given an opportunity to address criticism of his slimmed-down communications style in a high-profile speech at Jackson Hole.

The challenge facing Warsh is to counter claims that he hasn't been transparent about his views on the economy, without compromising his stance against providing investors with advance clues on future policy moves.

Warsh's first major speech as chairman of the Federal Reserve has sparked debate over his approach to communication. Critics argue that he hasn't been forthcoming about his thoughts on the economy, while others believe that he is correct in avoiding giving away information that could influence markets.