Bonds Tell Warsh What They Think of His Changes Ironically, one of Warsh's comments in today's press conference was that market movement is the most important source of information for the Fed. At the same time, the market was effectively saying that it was also fond of hearing what was on the Fed's

The newly minted Fed chairman announced working groups for his five top policy priorities and strictly refrained from forward guidance in his debut press conference Wednesday afternoon.

Active listings reached 1.4 million homes, a 4.3% increase year over year, while sales fell 1.2%, which came in better than expectations, Homes.com said.