Warsh's Quiet Revolution: What Happens When the Fed Stops Talking The Federal Reserve's new Chairman Kevin Warsh has triggered a significant shift on Wall Street, forcing investors to adjust to a more opaque era of communication.
Gone are the days of Fedspeak, a jargon heavy style that was once prized for its predictability. In its place is a more austere approach, where one word can have a substantial impact on markets.
This change has left many in the financial community scrambling to find new ways to navigate the Fed's reduced communication.