Warsh Weighs Cutting Regular FOMC Meetings to Six from Eight a Year

Fed Chair Kevin Warsh is considering reducing the number of regular Federal Open Market Committee (FOMC) meetings from eight to six a year, according to four people familiar with the matter. This change would mark a significant shift in the US central bank's monetary policy framework, which has been in place since the 1980s.

The proposed schedule includes two additional meetings focused on broader economic issues, but the details of these extra sessions are unclear. The FOMC currently meets eight times a year to set interest rates and assess economic conditions.