A supplied report says the Federal Open Market Committee could retain eight regular meetings a year while reducing scheduled rate-vote meetings to six by 2028. Under the proposal, one 2027 meeting and two 2028 meetings would become strategy sessions without a federal-funds-rate vote. That would create fewer pre-set decision dates on the calendar, rather than reduce the FOMC to only six meetings overall.

What the reported FOMC change would actually do

The reported change concerns scheduled rate votes, not necessarily the overall number of regular FOMC meetings. According to the supplied account, one of the committee’s eight meetings in 2027 would become a strategy discussion without a rate vote. That number would rise to two such meetings in 2028, leaving six scheduled rate-decision meetings that year.

This interpretation is consistent with search-result excerpts attributed to Barron’s and Bloomberg Law, which describe a 2027 meeting focused on broader monetary-policy strategy rather than a benchmark-rate vote. In that context, “six decisions by 2028” is best understood as six planned voting meetings on the calendar, not a straightforward reduction from eight total meetings to six.

The distinction matters because readers might otherwise conclude that the Fed would meet less frequently overall. Instead, the report points to a narrower procedural adjustment: some regular sessions would still take place, but without the customary interest-rate vote.

What remains unchanged in the Fed meeting framework

Fewer scheduled voting meetings would not automatically mean fewer opportunities for the Fed to convene or take action. A search-result excerpt from the Federal Reserve’s calendar page continues to state that the FOMC holds eight regularly scheduled meetings each year and that additional meetings may be convened when needed.

That supports a narrower reading of the report. The proposed shift appears to concern which regular meetings would include a policy vote, rather than establish that the committee could act only six times a year. For markets, the practical implication would be fewer predictable decision windows on the published calendar, even if the committee retained scope to act outside those dates.

The formal status remains important. The supplied evidence does not include a corresponding FOMC statement, press-conference transcript, minutes, or revised official calendar explicitly identifying the non-voting meetings in 2027 and 2028.

The official who announced it remains unclear

The supplied flash attributes the plan to Christopher Waller and identifies him as the speaker following the latest rate meeting. However, search-result excerpts from Yahoo Finance and Bloomberg Law point instead to Kevin Warsh as the chair or official associated with the same announcement.

Because the supplied material does not resolve that discrepancy, the more cautious conclusion is to focus on the reported schedule change rather than attribute the announcement to a particular official. The central claim is that the FOMC would retain an eight-meeting framework while reducing scheduled rate-vote meetings to six by 2028.