Federal Reserve Chairman Kevin Warsh is considering reducing the number of the central bank’s scheduled policy meetings, according to reports cited by multiple outlets. The New York Times reports that Warsh is exploring changes to the frequency of meetings, which currently occur eight times per year for a two-day gathering. Bloomberg and other coverage indicate that the proposal is being discussed within the Federal Open Market Committee (FOMC) context, including remarks or ideas raised during this week’s meeting. One reported option would have policymakers meet six times annually to decide on interest rates and related monetary policy actions, with two additional meetings focused on broader, substantive economic discussion. Several outlets characterize the idea as a major operational change for the Fed, with Business Line and Bloomberg noting that altering the meeting schedule would be among the most significant changes in decades tied to Warsh’s chairmanship. The reports describe the consideration as a possibility rather than a final decision, and they do not indicate that any schedule change has been formally approved.
Warsh weighs reducing frequency of Federal Reserve policy meetings, reports say
Federal Reserve Chairman Kevin Warsh is considering reducing the number of the central bank’s scheduled policy meetings, according to reports cited by multiple outlets. The New York Times reports that...
- Kevin Warsh is considering reducing the frequency of the Fed’s scheduled policy meetings, according to reports.
- The Fed currently holds eight two-day meetings per year for policy decisions.
- Reports say Warsh raised or discussed the proposal during an FOMC meeting this week.
- One suggested plan is six meetings for interest-rate/monetary-policy decisions and two meetings for broader economic discussion.
- Outlets describe changing the meeting schedule as a major operational shift for the Fed.
Federal Reserve Chairman Kevin Warsh is weighing the possibility of changing the frequency of regular policy meetings for the US central bank, according to people familiar with the matter. Alister Bull reports on Bloomberg Television. (Source: Bloomberg)
1 month agoOne idea Warsh floated is for Fed policymakers to meet six times a year to decide on interest rates and other monetary policy issues and twice a year for discussion of a substantive economic topic
1 month agoThe proposal could mark the biggest operational change at the Federal Reserve in decades, altering how often policymakers communicate.
1 month agoCurrently, Fed policymakers meet eight times a year for a two-day gathering.
1 month agoFederal Reserve Chairman Kevin Warsh is considering reducing the frequency of the central bank’s scheduled policy meetings, the New York Times reported Friday. Warsh raised the proposal to change the frequency of meetings at this week’s gathering of the Federal Open Market Committee, the paper added. Bloomberg Managing Editor Kate Davidson said changing the schedule would be the biggest change for Warsh. (Source: Bloomberg)
1 month agoFederal Reserve Chairman Kevin Warsh is considering reducing the frequency of the central bank’s scheduled policy meetings, the New York Times reported Friday.
1 month ago
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