Kevin Warsh kept rates unchanged, but his rejection of a "soft" inflation target and new approach to Fed communication sent stocks, bonds, gold and the dollar swinging.

Fed Chairman Kevin Warsh held rates at 3.5%-3.75% in a 9-3 FOMC vote, defending the decision as inflation stays above the 2% target for over five

Kevin Warsh kept rates unchanged, but his rejection of a "soft" inflation target and new approach to Fed communication sent stocks, bonds, gold and the dollar swinging.

Federal Reserve Chairman Kevin Warsh's communication style has raised investor concerns about inflation. Analysts now anticipate a December interest rate hike following his recent…

By Jeffry Bartash and Joy Wiltermuth