Evening Review - America’s dwindling missile stockpile

Kevin Warsh is new to his job as chair of the Federal Reserve, but he is already making one big change that is reverberating through the financial markets. He is no longer providing forward guidance about how the Fed might react to future U.S. economic developments. Are rate hikes likely to control inflation? Warsh will not say, leaving financial analysts uncertain how to navigate the economy.Markets forced to ‘think for themselves’Warsh “just broke one of the Fed’s most powerful habits,” Phil Rosen said at Inc. Fed officials voted to keep interest rates steady last week, but Warsh’s decision not to signal what might happen next was the “mos…