Fed Chair Kevin Warsh announced the FOMC will still meet eight times a year but will vote on interest rates at only seven meetings in 2027 and six in 2028. One meeting per year will focus on long-term strategy. The change begins in fall 2027.
Sentimentneutral 50
Neutral · 50 of 100
Impact40
low · stays off the top drivers
Confidence70%
moderate confidence · 2 wires
Eventdeveloping
v2 · alerted to followers
WHAT WE KNOW
FOMC will still meet 8 times per year.
In 2027, 7 of those meetings will include a rate vote.
In 2028, 6 of those meetings will include a rate vote.
One meeting per year will be a strategy-only session.
Change begins in fall 2027.
Fed Chair Kevin Warsh outlined a plan to overhaul the FOMC's meeting schedule. Starting in fall 2027, the committee will still convene eight times annually, but one meeting each year will be dedicated to long-term strategy rather than a rate vote. By 2028, only six of the eight meetings will include a rate decision.
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