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Interest rate meeting frequency makes no difference, Barkin notes

Interest rate meeting frequency makes no difference, Barkin notes
Barkin unconcerned by Fed meeting frequency

Richmond Federal Reserve President Thomas Barkin said it does not matter to him whether the committee meets six or eight times a year to vote on interest rates.

Andrew Ackerman questioned why there was internal alarm over this idea back in late July when it leaked in the New York Times, noting that officials do not seem especially animated about the topic publicly.

Ackerman previously reported that mortgage rates have been climbing at their fastest pace since 2023 as the Fed has acted to curb inflation. He also noted that the Federal Reserve was likely to hold interest rates steady ahead of recent U.S. mid-term elections. These developments provide context for the ongoing discussions around the frequency of committee meetings.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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