If you want to know how utterly ridiculous the "financial media" is on the Warsh hearing and the forward path for The Fed is you only need to read this article up over on CNBC:Warsh would break that status quo. He declined at the hearing to commit to continuing with regular press conferences, which the Fed has held since the financial crisis. He would abandon forward guidance, the Fed’s way of signaling to the markets where it wants interest rates to go. He would even move away from the Fed’s preferred measure of inflation, the core personal consumption expenditure measure, which he dismissed as a “rough swag as to what was going on” with prices. “We don’t have.......(Click link to read more)