Warsh's Debut Will Showcase The Fed's New Language

Kevin Warsh's first meeting as Fed chair is widely expected to deliver the same policy outcome markets have grown accustomed to — another pause. But investors are less focused on this week’s rate decision than on something arguably more consequential: how the new chair plans to communicate. “The whole communication strategy is going to be completely different under Warsh,” Saxo Bank's strategist John Hardy said, acc…