The Fed is stuck in a trap of its own making

Wall Street thinks Federal Reserve Chairman Jerome Powell could move toward holding press conferences at every policy meeting. 
Currently, the Fed chairman speaks only after four of the central bank's eight meetings, which has led markets to rightly suspect no actions will be taken on non-press conference meetings.
Because markets might interpret more press briefings as a signal of more aggressive interest rate hikes, Powell may have to wait until later in the year to make the announcement.