Fed Will Hold Fewer Rate-Setting Meetings Starting Next Year
Kevin M. Warsh, the Federal Reserve’s chairman, said the central bank would vote on interest rates seven times in 2027 and six in 2028. It has traditionally voted eight times per year.
In a marked departure from its long‑standing practice, the Federal Reserve will hold fewer interest‑rate‑setting meetings in the coming years, Treasury Secretary Kevin M. Warsh announced at the annual policy workshop in Washington. Scheduled to convene seven times in 2027 and six times in 2028, the central bank is trimming the six‑month cadence that has underpinned its policy cycle for decades.
Historically, the Fed has convened its Federal Open Market Committee eight times a year, usually in January, March, April, May, June, September, October and December. These sessions have provided a rhythm for monetary policy decisions, ensuring that the bank could respond to data releases and global events with predictable regularity. The new timetable marks the first reduction in meeting frequency since the 1990s, when the four‑meeting year was practised.
Why it is marked verified
2 independent newsrooms report this story. The New York Times published it first, 1 h before the last one.
- The New York Times28 Oct, 21:02
- Financial Times28 Oct, 22:32
| Publisher The New York Times (reference tier) | +82 |
| Detailed summary | +2 |
| Carried by 2 newsrooms | +5 |
| Total | 89 |
Method: reports are grouped by the words of their headline and summary; each newsroom counts once; figures are read from the reports as published. Nothing here is written by an AI.