Fed officials weigh fewer rate-decision meetings; Warsh proposal gains traction

At least one-third of Federal Reserve officials are open to reducing the frequency of interest-rate decision meetings, a proposal associated with Fed Governor Warsh. This signals a potential shift in the Fed's operational framework, which could alter the pace and communication of monetary policy. The change is uncertain and would require formal approval, but it suggests a move toward less frequent, possibly more deliberate, policy adjustments.