Six fixed-rate meetings and two economic discussions! Waller aims to reshape the frequency of the Federal Reserve FOMC meetings, moving financial markets from "Fed guidance" to "market pricing everything."
According to information obtained by the Zhitong Finance APP, media reports have cited sources revealing that Kevin Warsh, the Federal Reserve Chairman nominated by Trump and confirmed by the U.S. Senate, has proposed the possibility of adjusting the frequency of the Federal Reserve's routine monetary policy meetings. Sources indicate that one key idea put forward by Warsh is for Federal Reserve policymakers to hold traditional FOMC monetary policy meetings six times a year instead of the current eight, to decide on the benchmark interest rate and other monetary policy matters, and to additionally hold two short, targeted meetings each year to discuss substantial economic issues.
Latest

