NYT: Fed Chair Kevin Warsh weighs cutting the number of policy meetings

Reports that Fed Chair Kevin Warsh is considering reducing the frequency of FOMC meetings would reshape the cadence of monetary-policy signaling. Fewer meetings could increase the informational value of each decision and potentially raise uncertainty between meetings, affecting rate-sensitive positioning and volatility across FX and rates. Near term, markets may react to perceived changes in Fed transparency and reaction function rather than any immediate shift in policy stance.