New Delhi, Oct. 29 -- Federal Reserve Chair Kevin Warsh has announced a change to the US central bank's meeting schedule, with the Federal Open Market Committee (FOMC) planning to dedicate one of its eight meetings in 2027 exclusively to discussions on monetary policy strategy, without a vote on interest rates or an accompanying policy statement.

Warsh said the revised schedule would take effect next autumn, with the Fed maintaining eight meetings annually but placing greater emphasis on longer-term strategic discussions alongside its regular interest-rate decisions.

The change is expected to evolve further in 2028, when Warsh expects two meetings to be dedicated to strategy discussions and the remaining six to monetary policy decisions...