Source: International Business Times
Warsh's proposal would cut the Fed's current schedule of eight policy meetings per year to six, while adding two separate meetings dedicated to broader economic issues rather than interest rate decisions. Getty Images The Federal Reserve could soon make one of the most significant changes to its monetary policy process in decades as Chair Kevin Warsh reportedly considers reducing the number of annual meetings where officials decide interest rate policy. According to a report by The New York Times, the proposal would cut the Fed's current schedule of eight policy meetings per year to six, while adding two separate meetings dedicated to broader economic issues rather than interest rate decisions.
