Federal Reserve Chairman Kevin Walsh said that the adjusted meeting schedule will be gradually implemented starting next year. “We think the FOMC meeting eight times a year is the right number of times,” Walsh said at a press conference on Wednesday. Despite continuing price pressure and strong signs of economic strength, decision makers voted 10-2 on the same day to keep interest rates unchanged. At the July meeting, Walsh first proposed the idea of reducing the number of annual policy meetings of the Federal Reserve from 8 to 6. According to the minutes of the meeting, he pointed out at the time that reducing the frequency of meetings would allow more information and data to be accumulated there.

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