US Fed needs to improve communication-Fed's Poole

The Federal Reserve needs to improve its communication skills so that financial markets can better understand what US central bankers are thinking, St Louis Fed President William Poole said on Thursday.

Poole, in remarks prepared for the Center for Financial Studies in Frankfurt, said the markets are doing a better job of predicting Fed policy since the central bank began to take steps in the mid-1990s to become more open.

"It is so very easy to say things that are misinterpreted that sometimes