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BusinessUpdated 1 hr ago

Fed's Warsh announces changes in how future FOMC meetings will go

Image: BusinessLine

“We believe eight meetings per year is the right number for the (Federal Open Market Committee), but in 2027, one ‌meeting will focus exclusively on broad monetary policy strategy, with neither a vote on the federal funds rate nor a policy statement anticipated,” Warsh said at a ‌press conference.

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