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via wsj.comEconomy

Warsh cuts the number of Fed interest-rate decisions each year

FROM THE WIRE · WSJ.COM

The Federal Reserve confirmed that it won't vote on interest rates at its October meeting next year.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralFewer rate decisions could change the predictability of monetary policy for markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Chairman Kevin Warsh wants to remake the Fed.
  2. 02The Federal Reserve confirmed it won't vote on rates at its October meeting next year.
  3. 03Cutting the number of rate decisions is the least flashy but potentially most lasting change.

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