Federal Reserve to Revise FOMC Meeting Schedule in 2027 and 2028 for Strategic Discussions

Federal Reserve Chair Kevin Warsh announced that the central bank will dedicate one of its eight annual policy meetings in 2027 and two in 2028 to broader monetary policy strategy discussions, rather than considering changes to the federal funds rate. This shift aims to allow the Federal Open Market Committee (FOMC) to weigh major institutional issues without immediate policy action.