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Fewer Fed rate votes, more debate: FOMC calendar reset

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Gulf News
“Fewer Fed rate votes, more debate: FOMC calendar reset”

Dubai: The US Federal Reserve will cut the number of meetings at which it sets interest rates in 2027 and 2028. Chairman Kevin Warsh announced the change during his October rate meeting discussion and said that the move was intended to create room for longer-term strategy discussions. The Federal Open Market Committee (FOMC) will keep its eight meetings that take place bi-monthly all year round. However, the rate-setting sessions will drop down to seven in 2027 and six in 2028. The remaining…

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