Key facts
- The Federal Reserve plans an October 2027 strategy meeting with no vote on interest rates, according to the report.
- The report describes the meeting as the first step in a broader plan by chairman Kevin M. Warsh to change how the Fed operates.
- The report does not date the announcement or state whether the Fed's policy committee approved the change.
The Federal Reserve plans to hold a strategy meeting in October 2027 at which it will not take a policy vote, according to a report that did not date the announcement. The change is described as the first step in a broader plan by Kevin M. Warsh, the chairman of the Federal Reserve, to change how the central bank operates.
The report gives no further detail on the plan, the agenda for the meeting or how the change would affect the Fed's regular schedule of interest-rate decisions. It also does not state whether the Fed's policy committee has approved the change.