John Williams, the New York Fed president, and Anna Paulson of the Philadelphia Fed, voted with the majority, as did all seven Fed governors. After the Fed’s meeting last month, a summary of the views of Fed officials showed eight thought the Fed would increase rates later this year. Under the theory that inflation expectations have a large influence on the path of actual inflation, officials strive to keep the public’s expectations “anchored.” Most Fed officials and the staff economists do not think the labor market is currently fueling inflation. Warsh has said Fed officials should talk less and stop providing forward guidance about policy, leaving many Fed watchers to wonder if Warsh might discontinue the press conferences.