In a policy switch, the Fed says its October 2027 meeting will not see a vote on interest rates

The Federal Reserve says its October 2027 meeting will be held without a vote on interest rates, creating more time for policymakers to discuss longer-term economic questions. Chair Warsh said the change is part of an effort to improve deliberations and streamline the Fed’s communications.

The Fed typically meets eight times a year, with each meeting followed by a rate decision and a press conference. Under Warsh, the post-meeting statement has been shortened and press conferences reduced to about 30 minutes from roughly 45; he has also indicated there will be two nonvoting meetings in 2028. The next meeting is scheduled for 8-9 December, and the first meeting of 2027 for 26-27 January.