Federal Reserve Chairman Kevin Walsh said that the adjusted meeting schedule will be gradually implemented starting next year. “We think the FOMC meeting eight times a year is the right number of times,” Walsh said at a press conference on Wednesday. Despite continuing price pressure and strong signs of economic strength, decision makers voted 10-2 on the same day to keep interest rates unchanged. At the July meeting, Walsh first proposed the idea of reducing the number of annual policy meetings of the Federal Reserve from 8 to 6. According to the minutes of the meeting, he pointed out at the time that reducing the frequency of meetings would allow more information and data to be accumulated there.

Federal Reserve Chairman Kevin Walsh said that the adjusted meeting schedule will be gradually implemented starting next year. “We think the FOMC meeting eight times a year is the right number of times,” Walsh said at a press conference on Wednesday. Despite continuing price pressure and strong signs of economic strength, decision makers voted 10-2 on the same day to keep interest rates unchanged. At the July meeting, Walsh first proposed the idea of reducing the number of annual policy meetings of the Federal Reserve from 8 to 6. According to the minutes of the meeting, he pointed out at the time that reducing the frequency of meetings would allow more information and data to be accumulated there.