Business & Economy · 3 views
Fed Will Hold Fewer Rate-Setting Meetings Starting Next Year
Kevin M. Warsh, the Federal Reserve’s chairman, said the central bank would vote on interest rates seven times in 2027 and six in 2028.
AI Summary
Federal Reserve Chairman Kevin M. Warsh announced that the central bank will hold interest‑rate votes seven times in 2027 and six times in 2028, reducing the frequency from the traditional eight votes each year. The change reflects a shift in the Fed’s schedule for rate‑setting meetings. Warsh did not provide additional details about the rationale or any other policy adjustments.
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