Why it matters
The change affects how often U.S. policymakers formally vote on interest rates, a process watched by households, businesses and financial markets. The reports do not describe a change to interest rates themselves.
ECONOMY • UNITED STATES
Fed plans fewer rate votes in 2027 and 2028, chairman says
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BLUF
Federal Reserve Chair Kevin Warsh says the Fed plans seven interest-rate votes in 2027 and six in 2028, below its traditional eight per year. The reports do not say which meetings will have no rate vote or policy statement.
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