Overview
- The Federal Reserve published an updated 2027 meeting schedule on Nov. 12 that makes the Oct. 26–27 session a strategy-only meeting with no interest-rate vote.
- Policymakers will hold seven formal rate-setting votes in 2027 instead of the long-standing eight, and the year’s final rate decision was moved to Nov. 16–17.
- Moving the final meeting forward creates a two-month gap between the November session and the next meeting on Jan. 25–26, 2028, giving officials more data between votes.
- The Fed removed the asterisks marking March, June and September as projection-reporting meetings, and Warsh’s communications task force is still reviewing whether tools like the dot plot should continue.
- Warsh has shortened post-meeting statements and press Q&A and says these calendar and procedural changes are meant to limit routine forward guidance, change how markets read Fed signals, and allow deeper strategic discussion.