Fed Chair Warsh's Silence on Rate Path Adds to Market Uncertainty

Barron's guest commentary argues that Fed Chair Kevin Warsh's refusal to provide forward guidance is creating unnecessary market volatility amid rising inflation. September CPI rose 3.7% YoY, core 2.6%, and PPI had largest monthly gain in four years. Conflicting statements from Fed officials add to confusion. Next FOMC meeting Oct 27.