Fed Chair Warsh Contemplates Cutting Down on Meeting Frequency
WHO:
Bloomberg - Richard Clarida, former Federal Reserve Vice Chairman and current global economic adviser for Pimco, commented on the potential changes.
Bloomberg - Federal Reserve Chairman Kevin Warsh is involved in the consideration of reducing meeting frequency.
NY Post - Kevin Warsh is identified as the Fed Chair.
WHAT:
Bloomberg - Clarida stated that the central bank risks creating uncertainty if it alters its preferred inflation measure without clear communication.
Bloomberg - Warsh is reportedly considering reducing the frequency of the central bank’s scheduled policy meetings.
NY Post - The proposal to cut down on regular meetings where the central bank sets interest rates would represent one of the biggest changes to the body’s operations in decades.
WHERE:
Bloomberg - The discussions regarding the meeting frequency took place at a gathering of the Federal Open Market Committee.
WHEN:
Bloomberg - The proposal was raised at this week’s gathering of the Federal Open Market Committee.
WHY:
NY Post - The motivation behind considering fewer meetings is not explicitly stated in the articles.
HOW:
Bloomberg - Clarida expressed his views during an appearance on "Bloomberg Money" with hosts Scarlet Fu and Tom Keene.
Bloomberg - Changing the schedule of meetings is described as a significant operational change for Warsh.
(UPDATED August 1, 2026 00:17 UTC)
Richard Clarida, the former Vice Chairman of the Federal Reserve and now a global economic adviser for Pimco, shared his insights on Bloomberg Money. He warned that the central bank could create uncertainty if it changes its preferred inflation measure without clear communication. Clarida expressed these views during a discussion with hosts Scarlet Fu and Tom Keene.
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(UPDATED July 31, 2026 23:20 UTC)
Federal Reserve Chairman Kevin Warsh is reportedly considering a proposal to reduce the frequency of the central bank's scheduled policy meetings, a move that could represent one of the most significant operational changes in decades. This discussion took place during a recent gathering of the Federal Open Market Committee, where the idea of cutting down on regular meetings was raised. While the motivation behind this potential change hasn't been explicitly stated, it marks a noteworthy shift in how the Fed may operate moving forward.