In a policy switch, the Fed says its October 2027 meeting will not see a vote on interest rates
Summary
The central bank has changed its approach by deciding against holding an interest rate vote during its October session. Instead, officials will use that gathering solely for policy discussions. This adjustment leaves a total of seven voting meetings scheduled for the upcoming year.
There will be seven voting meetings next year, with the October session set up as extra time for policy deliberation without a formal vote or post-meeting statement.
Source: Read the full story at US Top News and Analysis
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