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Interest rates@FirstSquawk on XFiled 2 days ago

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Cleveland Fed President Beth Hammack said reducing the number of FOMC meetings from eight to six per year would represent only a modest shift, weighing in on the debate over the central bank's policy-setting calendar. The remark signals that a lighter meeting schedule is under active consideration among Fed officials, though Hammack characterized the change as incremental rather than a fundamental overhaul of how the committee operates. The comment matters because the frequency of FOMC meetings shapes how often policymakers can adjust the federal funds rate and communicate guidance to markets. Investors should watch for further commentary from other Fed officials and any formal proposal on the meeting schedule, which would need broader support within the committee before taking effect.

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Federal Reserve, Beth Hammack, FOMC