What happens if the Fed holds fewer policy meetings

Federal Reserve chairman Kevin Warsh is considering a significant shift in the central bank's operations by proposing fewer policy meetings annually. This move, if implemented, would mark the most substantial change in monetary policymaking in decades, potentially easing the administrative load for staff but limiting the regular chances for policymakers to tweak interest rates in response to economic shifts. This idea, first floated by Warsh, is generating considerable discussion, especially as the economy continues to evolve. For a deeper dive, check out the full article in The New York Times.