Warsh Maps Out Key Data Points for Reading the US Economy

Fed Chairman Kevin Warsh has shared his approach to reading the US economy by mapping out key data points he leans on for policy making. During a keynote speech in Jackson Hole, Wyoming, last week, Warsh laid out some of the crucial indicators that shape his views.

The list presented by Warsh wasn't comprehensive or conclusive and was meant as a starting point for a rethink of how the central bank analyzes economic data. He has promised to reevaluate the approach since taking the Fed's helm in May.

The remarks offered insight into the economic signposts that influence his views, but the exact weight given to each indicator wasn't specified. The speech was a clear indication of how Warsh approaches policy making, marking one of the clearest indications since he took over as Fed Chairman in May.