There are two Fed debates playing out right now: One over where to set rates, and another over how much officials should say about how they see the future. Kevin Warsh has made a point of saying less. His Fed colleagues haven't. They're speaking at least as much as they were a year ago. Where things have landed “is probably the worst of all possible outcomes,” says one former Fed economist. “Nobody can force him to talk for the committee. And frankly, he can’t force other committee members to shut up." https://www.wsj.com/economy/central-banking/kevin-warsh-wanted-the-fed-to-be-quiet-instead-its-as-noisy-as-ever-b2346ca2?st=aGEYwr&reflink=desktopwebshare_permalink