Warsh: I wouldn't characterize what the Fed did as a 'pause'

So I wouldn't characterize what we did as anything like a pause. I would characterize what we did as a rigorous review of the economic situation. I would characterize what we did as a review of the big hard questions and I'd characterize it as a view of what our own homework is to try to resolve those questions in the period ahead.Um, if you were to try to force a description that this was a pause, I would say financial market prices would take the other side of that. Financial market prices in this interme ...