Fed Chair Warsh (Q&A): Asked about dot plot, thinks colleagues understand the world is changing quickly, did not feel bound by their dots. Did not hear a lot of conviction on dot plots

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Fed Chair Warsh (Q&A): We made changes today, expects more to come, and therefore those future changes would be worthy of press conferences

Fed Chair Warsh (Q&A): Asked about future of press conferences, can be a very useful way to communicate; but when you have one, you want to have something important to say

Fed Chair Warsh (Q&A): Asked about dot plot, thinks colleagues understand the world is changing quickly, did not feel bound by their dots. Did not hear a lot of conviction on dot plots

Fed Chair Warsh (Q&A): Asked about how restrictive policy is, says "it is uneven", perhaps due to different transmission mechanisms

Fed Chair Warsh (Q&A): Has capability and commitment to deliver price stability and 2% goal

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  • He did not submit a dot as he does not see it as helpful on how to conduct policy. 
  • He is pretty open minded.

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