Fed Chair Warsh to Cut Rate-Decision Meetings to Six a Year by 2028

The signal here is institutional rather than monetary: fewer voting meetings changes the rhythm of forward guidance and the cadence at which policy signals reach rate-sensitive markets, including crypto and tokenized RWAs. The near-term path is unchanged, with the hold and the market's December hike odds standing apart from the scheduling shift. What matters is whether the strategic-discussion sessions become genuine venues for framework debates or simply reduce the number of decision points, and whether thinner meeting frequency widens the gap between market pricing and Fed communication.