NYT says Fed Chair Kevin M. Warsh is weighing six Fed rate-setting meetings a year

Fed Chair Kevin M. Warsh is considering cutting the Federal Reserve's regular annual Federal Open Market Committee meetings to six from eight as part of a broader overhaul of how the central bank conducts policy and communicates decisions. Bloomberg reported that officials discussed using six meetings for benchmark interest-rate decisions and monetary policy while reserving the other two for broader economic discussions, and also considered aligning policy decisions more closely with the release schedule for major economic indicators. No final decision has been made. The Fed has held eight regular FOMC meetings a year since the early 1980s, so any reduction would mark a significant procedural change, though the central bank can still call unscheduled meetings in emergencies, as it did in 2020 during the Covid-19 pandemic.