Warsh's Unpredictability Reigns at Fed Meeting

The Federal Reserve's meeting this week is expected to be more unpredictable than usual under new Chairman Kevin Warsh.

Warsh has changed the game by not foreshadowing rate moves, unlike his predecessors, which could lead to increased market volatility.

The PCE report, due the day after the Fed's decision, will give officials a preview of its findings, allowing them to make a more informed decision than the market.

If the Fed hikes or holds rates, it may indicate a miss on the expected 3.3% core PCE reading.