New Delhi, Aug. 28 -- United States Federal Reserve Chairman Kevin Warsh is advocating for a 'quieter Fed' amid criticism over the central bank's lack of communication or comments on the economy and outlook. Giving his first high-profile speech at the Fed's annual conference at Jackson Hole Symposium in Wyoming today, Warsh said he doesn't want to provide "forward guidance".

He believes "a quieter Fed, more purposeful in its communications, is better able to meet its objectives".

Notably, since taking over from predecessor Jerome Powell on 22 May, Warsh has taken a different approach to central bank communication, offering far fewer comments than his predecessors on the state of the economy and the outlook for inflation.

In his speech,...