Big move from the Federal Reserve: it is skipping its usual interest rate vote at the October 2027 meeting.
Instead, Chair Kevin Warsh wants the team to step back and focus on bigger-picture money strategies, hoping this makes the Fed less of a market mover and gives it more space for long-term planning.
Fed shifts meeting calendar, trims communications
In 2027, there will still be seven voting meetings, but October's is now just for open discussion: no official vote or statement. This bumps the last meeting of the year to November.
Warsh also plans to keep post-meeting statements and press conferences shorter, aiming for more thoughtful policy talks.
The next FOMC meeting is set for December 8-9, 2026, then it kicks off 2027 on January 26-27.