Warsh Shouldn't Be Lone Target of Fed Criticism

US Federal Reserve Chairman Kevin Warsh has been criticized for his communication following the recent decision to keep interest rates unchanged at 3.5 to 3.75 per cent.

Warsh's approach was seen as lacking transparency, with some critics arguing that he failed to provide clear guidance on current inflation pressures and why the majority of the Fed thought it appropriate to leave the policy rate untouched.

The criticism comes at a time when investors are closely watching the Fed's moves, particularly with regards to interest rates. The Fed's decision to keep rates steady may have significant implications for the economy and financial markets.