What does shake-up of future Federal Reserve meetings mean for interest rates?
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The Federal Reserve is planning to cut down the number of its meetings devoted to moving its benchmark interest rate over the next two years in one of the most significant shifts yet under its new chairman.
Fed Chair Kevin Warsh announced the change after Wednesday’s meeting of the board, where the central bank opted to keep rates steady despite mounting pressures on inflation. Beginning next fall, the Fed will dedicate one of its eight policy meetings to weigh broad-based questions about the ec
Fed Chair Kevin Warsh announced the change after Wednesday’s meeting of the board, where the central bank opted to keep rates steady despite mounting pressures on inflation. Beginning next fall, the Fed will dedicate one of its eight policy meetings to weigh broad-based questions about the ec
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