Fed shifts 2027 meeting schedule, adds strategy discussion

The US Federal Reserve has updated its 2027 meeting schedule after Chairman Kevin Warsh said policymakers would set interest rates at fewer meetings next year.

Officials will still gather eight times, but the October meeting will focus on strategy, not rates.

The final rate-setting meeting will move from December to November 16-17, with the next meeting scheduled for January 25-26, 2028.

Warsh said the longer gap would give officials two months of economic data to assess between meetings.

The Fed's schedule no longer marks its March, June and September meetings as occasions for officials to submit economic projections.

A task force is reviewing the Fed's communications and whether to keep publishing its dot plot of projections, but its recommendations are still pending.