The Federal Reserve’s rate-setting committee discussed a potential overhaul of its meeting schedule at its July 28-29 session. Chair Kevin Warsh proposed reducing the number of policy meetings from eight to six annually, but his colleagues preferred to keep the eight-meeting tradition established since the early 1980s. The federal funds rate was held steady at 3.5%-3.75% for the fifth consecutive meeting, with the committee reaffirming its commitment to price stability. The minutes from this meeting were released on August 19, 2026.
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