Warsh Weighs Meeting Frequency Cut Amid Rate Pause

Federal Reserve Chairman Kevin Warsh is considering reducing the frequency of scheduled policy meetings, according to a report by the New York Times. This proposal was discussed at this week's gathering of the Federal Open Market Committee.

Warsh signaled his intention to bring other changes to the Fed, including potentially reducing the number of interest rate announcements. Currently, policymakers meet eight times a year for a two-day gathering.

The central bank has been holding interest rates steady, with a 9-3 vote this week. A spokesperson declined to comment on the potential meeting schedule change.