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International Business Times
International Business Times
Business

The Federal Reserve Just Changed How It Talks About The Economy. Here's What's Different Under Kevin Warsh

Kevin Warsh US Federal Reserve the Federal Reserve Economy Jerome Powell Interest Rates
While the central bank once again left interest rates unchanged, the statement revealed several notable changes that reflect Warsh's effort to simplify how the Fed communicates with financial markets. (Credit: Getty Images)

The Federal Reserve offered investors another glimpse into its new communication strategy on Wednesday, releasing the second Federal Open Market Committee statement under Chairman Kevin Warsh.

While the central bank once again left interest rates unchanged, the statement revealed several notable changes in both style and substance that reflect Warsh's effort to simplify how the Fed communicates with financial markets.

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