NEW YORK, June 17 (Reuters) - Federal Reserve Chairman Kevin Warsh said Wednesday he’s like financial markets to price securities based on their own read of the economy rather than trying to price for what they think central bank officials think about the data.

“The more that markets are paying attention to what's happening in the real economy, deciding what's good data and what's less good data, the more financial markets can price what they believe is the most likely,” Warsh said at a press conference following the Federal Open Market Committee meeting. That will save the Fed from a situation where “all the financial markets are doing is reflecting back what we've said.”