Kevin Warsh on Fed's policy: 'Surprise is not the objective function'

Federal Reserve Chairman Kevin Warsh emphasizes that the Fed's primary goal is to make the best decisions, not to surprise markets during a press conference.

Chairman Kevin Warsh articulates the central bank's policy approach, stating that 'surprise is not the objective function' for the Federal Reserve. Warsh clarifies that the Fed's focus is on making optimal decisions rather than spoon-feeding markets.