The Fed's Unorthodox Gamble: Will Less Mean More? The Federal Reserve, once a bastion of stability and predictability, is about to embark on an uncharted course.
According to reports, Chairman Kevin Warsh is considering reducing the number of scheduled policy meetings, a move that would be the most significant shake up in the institution's history.
At first glance, this proposal might seem like a cost cutting exercise or a bureaucratic tweak. However, beneath the surface lies a far more profound implication: a reevaluation of the Fed's role in the modern economy.