Fed's Warsh Says Information In Coming Period Will Help Us Determine Where We Want Policy To Be; We've Decided To Change FOMC Schedule Next Fall; 8 Meetings Is Right Number A Year; One Meeting Will Not Have A Vote On Policy Rate; One Meeting Will Be Focused On Strategy; Expect In 2028 To Have 6 Policy-Setting Meetings; Important To Reserve Time And Space For Strategic Deliberations, Looking Out Over Longer Time Horizons; New Schedule Will Affect Nature, Quality Of Deliberations
https://www.youtube.com/watch?v=L2yK5eSv1ZE
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Why It Matters
The Federal Reserve is changing how often they meet and vote on interest rates starting next year. This gives them more time to think about long-term strategy and plan ahead instead of rushing decisions.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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