At least one-third of the US Federal Reserve officials have indicated that they will consider holding interest rate meetings less frequently. This provides an initial opportunity for Kevin Walsh, the new chairman of the Federal Reserve, to push for one of the largest structural reforms proposed by him. Whether this idea will be adopted in the near future is uncertain. The Federal Reserve's policy committee has yet to agree on any details. Some open officials also said they would like to see a more in-depth analysis of the potential pros and cons and study whether this adjustment should be carried out along with other potential reforms in the Federal Reserve's communication strategy. Six regional Federal Reserve governors, including Cleveland Federal Reserve Governor Beth Hammark, Kansas City Federal Reserve Governor Jeffrey Schmid, and Philadelphia Federal Reserve Governor Anna Paulson, recently stated that they are open to reducing the number of Federal Open Market Committee policy meetings.

At least one-third of the US Federal Reserve officials have indicated that they will consider holding interest rate meetings less frequently. This provides an initial opportunity for Kevin Walsh, the new chairman of the Federal Reserve, to push for one of the largest structural reforms proposed by him. Whether this idea will be adopted in the near future is uncertain. The Federal Reserve's policy committee has yet to agree on any details. Some open officials also said they would like to see a more in-depth analysis of the potential pros and cons and study whether this adjustment should be carried out along with other potential reforms in the Federal Reserve's communication strategy. Six regional Federal Reserve governors, including Cleveland Federal Reserve Governor Beth Hammark, Kansas City Federal Reserve Governor Jeffrey Schmid, and Philadelphia Federal Reserve Governor Anna Paulson, recently stated that they are open to reducing the number of Federal Open Market Committee policy meetings.