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The Kobeissi Letter
@KobeissiLetter
Official X account for The Kobeissi Letter, an industry leading commentary on the global capital markets. Email us: support@thekobeissiletter.com
Joined June 2015
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BREAKING: Fed Chair Warsh is considering reducing the amount of times that the Fed meets in a year, per NYT. Details include: 1. The FOMC has met eight times annually since 1981, with Federal law requiring at least four meetings per year 2. Fed Chair Warsh has reportedly not proposed a specific number of meetings 3. Fewer meetings would mean fewer scheduled rate votes and less frequent policy decisions A major shift is underway at the Fed.
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