Fed Chair Warsh Considers Cutting FOMC Meetings to Six a Year
Federal Reserve Chair Kevin Warsh is exploring reducing the number of policy meetings from eight to six annually, according to the New York Times.
Federal Reserve Chair Kevin Warsh is weighing a plan to reduce the number of Federal Open Market Committee meetings held each year, the New York Times reported, citing four people familiar with the discussions.
The proposal would cut the current eight scheduled sessions to six. The discussions are preliminary, and no final decision has been made, according to the sources.
Source: FXStreet Forex News