Warsh Announces Adjustments to FOMC Meeting Schedule; One Meeting Next Year Will Not Vote on Rates

TechFlow reported on Oct. 29, citing Jin10 Data, that Fed Chair Warsh said he has decided to adjust the Federal Open Market Committee (FOMC) meeting schedule starting next fall and believes holding 8 meetings each year is appropriate.

Warsh said the Fed will still hold its planned 8 meetings in 2027, but one of those meetings will not vote on the monetary policy rate and will instead be dedicated to discussing policy strategy. In 2028, two of the 8 meetings will be dedicated to discussing policy strategy and will not vote on the policy rate; these meetings will not be formal policy decision meetings.

Source: TechFlow