Warsh Says One Fed Meeting a Year Should Focus on Strategy
Warsh says eight meetings a year are appropriate, with one meeting focused on strategy and no interest-rate decision.
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Warsh says eight meetings a year are appropriate, with one meeting focused on strategy and no interest-rate decision.
Federal Reserve minutes said officials unanimously backed last month's quarter-point rate increase and that most viewed another hike by year-end as likely. The minutes also said future decisions will depend on incoming data.