Warsh to add strategy-only FOMC meeting in 2027
In short
Federal Reserve Chair Kevin Warsh is set to change the FOMC meeting schedule. Starting in 2027, there will be one meeting focused only on long-term policy strategy.
This matters because the Fed will still watch incoming data, but the report does not say how often this new format will be used after 2027. It also does not say whether rate decisions will change.
What the reporting says
Federal Reserve Chair Kevin Warsh will have the FOMC assess incoming data while expanding its meeting schedule’s focus to long-term monetary policy strategy, starting with one strategy-only meeting in 2027. The report does not say how often that format will be used after 2027 or whether rate-setting decisions will change. The immediate effect is a change in meeting structure, not a policy move.
Why it matters
Federal Reserve Chair Kevin Warsh is reported to be expanding the FOMC meeting schedule so it includes a strategy-only meeting in 2027. The committee will still assess incoming data, but the change appears aimed at long-term monetary policy strategy rather than an immediate rate action. The reporting does not specify how the new meeting format affects future rate decisions beyond that first strategy session.