Warsh's Quieter Fed May Bring More Volatility

At his keynote speech at Jackson Hole in August, Federal Reserve Chair Kevin Warsh signaled that he wants to reduce the market's dependency on guidance about rate decisions.

This approach is a departure from his predecessor Jerome Powell, who telegraphed the Fed's intentions more clearly.

The move could lead to increased volatility around key dates, as investors are left with less information to inform their decisions.