New Federal Reserve Chair Kevin Warsh proposes cutting Fed communications, ending post-FOMC press conferences, and shifting toward a rules-based policy framework.

New Fed Chair Kevin Warsh faces mounting pressure as surging inflation conflicts with his promises of rate cuts and reduced Fed communication ahead of June FOMC.

New Federal Reserve Chair Kevin Warsh proposes cutting Fed communications, ending post-FOMC press conferences, and shifting toward a rules-based policy framework.