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Warsh Considers Reducing Frequency of Fed Policy Meetings
Kevin Warsh, the Federal Reserve chairman, is considering a significant shift in the central bank's policy-making process.
AI Summary
Kevin Warsh, the Federal Reserve chairman, is considering a significant shift in the central bank's policy-making process. This potential change involves reducing the frequency of Fed policy meetings. Warsh's proposal would mark a substantial departure from the Fed's long-standing practice of meeting at least eight times a year. As chairman, Warsh has not yet implemented any changes of this magnitude.
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