Fed plans to eliminate some rate-setting meetings, chairman says

Live updates

1. 52m ago

   Fed plans to eliminate some rate-setting meetings

   The Federal Reserve plans to cut back on the number of meetings where members vote on interest rates, with Chairman Kevin Warsh announcing that the central bank will host fewer rate-setting meetings in future years.

   Why it matters

   This change is expected to take effect in 2027, with one meeting focused exclusively on broad monetary policy strategy without a vote on the federal funds rate or a policy statement. The Fed currently holds eight meetings per year where rate decisions are made. This move may impact the frequency of interest rate decisions and communication from the Fed.

   What is confirmed

   • The Federal Reserve plans to eliminate some meetings devoted to setting interest rates in the next couple of years.
   • The central bank will host eight meetings per year where rate decisions are made, but in 2027, one meeting will focus exclusively on broad monetary policy strategy.
   • Chairman Kevin Warsh stated that "We believe eight meetings per year is the right number for the FOMC."

   What to watch next

   • The Federal Reserve's first rate-setting meeting of 2027
   • Chairman Kevin Warsh's next press conference
   • The impact of the reduced rate-setting meetings on interest rates and the economy
   Sources used for this update (21)

   1. www.nbcnews.com — NBC News - Breaking Headlines and Video Reports on World, U.S....
   2. CNBC — Fed meeting live updates: No hike expected, but all eyes on Warsh for what's next
   3. NBC News — Fed plans to eliminate some rate-setting meetings, chairman says
   4. CNBC — Here are five key takeaways from the Fed rate decision and Warsh news conference
   5. Reuters — Fed's Warsh announces changes in how future FOMC meetings will go
   6. Yahoo Finance — The Fed just removed a 2027 rate decision — making the remaining 7 even more important
   7. Bloomberg — Warsh Says FOMC Meeting Schedule Will Change as of Next Fall
   8. CNBC — Fed meeting recap: Warsh says central bank will host fewer rate-setting meetings in future years
   9. Bloomberg — US Short-End Yields Fall After Warsh Signals Fewer Fed Meetings
   10. WSJ — U.S. Treasury Yields Fall as Investors Digest Fed Meet, Focus Shifts to ECB
   11. CNBC — Treasury yields ease after Federal Reserve rate hold
   12. cashwalklabs.io — GM will switch to Nasdaq from the NYSE on Nov. 17
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