October 7: Communication style key to next Fed chair¿s success (Dayton Daily News)

Whoever chairs the Federal Reserve next year will have to decide a lot more than how to handle the economy. She or he will have to decide whether to talk in English or Fed-speak.

Ben Bernanke is scheduled to step down as the Fed chief when his term ends Jan. 31. If he’s replaced — there’s some speculation that he might be tapped for another term — his successor will have to decide whether to adopt the style of former Chairman Alan Greenspan, a top-down leader whose deliberate avoidance of clarity gave rise to the term Fed-speak, or the professorial Bernanke, who promoted a more deliberative body, sought consensus, spoke more clearly and allowed the country to hear dissenting voices from within the central bank...