Warsh Floats Changes to Fed Policy Meeting Schedule
Fed Chairman Kevin Warsh has hinted at revising the frequency of the US central bank's regular policy meetings. According to people familiar with the matter, one idea he floated is for Fed policymakers to meet six times a year to decide on interest rates and other monetary policy issues. In addition, they would convene twice a year to discuss substantive economic topics.
No decision has been made yet, but this potential change could significantly impact the way the Federal Reserve operates.