美联储周四公布了明年联邦公开市场委员会（FOMC）的会议日程，确认其中一次会议将讨论策略，而不进行利率投票。
The Federal Reserve on Thursday released next year’s schedule for its Federal Open Market Committee (FOMC), confirming that one meeting will feature discussions on strategy and not a vote on interest rates.
美联储在一份声明中表示，FOMC将在2027年召开八次会议，第一次会议将于1月下旬举行，随后每六周召开一次会议。
The Fed said in a release the FOMC will meet eight times in 2027, with the first meeting in late January and subsequent meetings at six-week intervals.
在这些会议的第二天也是最后一天，委员会将投票决定联邦基金利率，但明年10月26日至27日的那次会议除外。
On the second and final day of those meetings, the panel will vote on the federal funds rate, with the exception of its gathering on Oct. 26-27 of next year.
美联储表示，那次会议将“专门讨论广泛的货币政策战略问题”。美联储主席凯文·沃什上个月宣布了这一变动，此前FOMC官员将利率维持在3.75%至4%的区间不变。这位央行主席表示，委员会做出这一转变是出于“简单直接”的原因。
That meeting, the Fed said, will be “dedicated to the discussion of broad monetary policy strategy issues.”Fed Chair Kevin Warsh announced the change last month, after FOMC officials held interest rates steady at a range of 3.75 percent to 4 percent. The central bank chair said the committee is making the switch for “straightforward” reasons.
“制定正确的政策需要在及时、定期且信息丰富的间隔内评估近期发展情况，”他对记者说。
“Getting policy right involves assessing near-term developments at timely, regular, and information-rich intervals,” he told reporters.
“但同样重要的是，作为一个思想多元的群体，我们要预留时间和空间进行战略讨论——重新思考重大问题，放眼更长的时间范围，关注，正如我所说的，小数点左边的部分，”沃什补充道。
“But it’s equally important we reserve time and space, as an intellectually diverse group, for strategic deliberations — for thinking anew about big questions, looking out over longer time horizons, focusing, as I say, on the left side of the decimal point,” Warsh added.
根据会议纪要，沃什在委员会7月的会议上提出了对FOMC日程的变动。
Warsh raised a change to the FOMC’s schedule during the panel’s July meeting, according to the minutes.
会议纪要指出，这位首年主席“表示，每年举行六次定期会议，每两个月一次，将比现状允许更多信息在会议之间积累”。
The first-year chair “observed that six scheduled meetings” each year, held every two months, would “allow more information to accumulate between meetings” than under the status quo, the minutes noted.
沃什上个月表示，他预计FOMC在2028年将有两次会议专门用于策略讨论，六次会议用于制定货币政策。根据《联邦储备法》，该委员会每年至少要召开四次会议。
Warsh said last month he expects for the FOMC to have two meetings dedicated to strategy discussions and six for setting monetary policy in 2028. Under the Federal Reserve Act, the panel must meet at least four times per year.
前总统奥巴马任期内经济顾问委员会主席杰森·弗曼上个月称赞沃什对美联储日程的调整是“绝妙之举”。
Jason Furman, the chair of the Council of Economic Advisers under former President Obama, praised Warsh’s tweak to the Fed calendar as a “great move” last month.
“我长期认为，美联储过于关注眼前，而对更长期战略的思考远远不够，”弗曼在社交平台上写道。这一变化是沃什自五月接替前美联储主席杰罗姆·鲍威尔以来，对央行留下印记的最新例证。
“I have long thought the Fed spends too much time on the immediate and not nearly enough time thinking about longer-term strategy,” Furman wrote on social platform The change marks the latest example of Warsh, who succeeded former Fed Chair Jerome Powell in May, putting his imprint on the central bank.
联邦公开市场委员会的政策声明已不再包含“前瞻性指引”，即关于货币政策未来可能走向的信息。
The FOMC’s policy statements have skewed away from including “forward guidance,” information about the likely future conduct of monetary policy.
自接管以来，沃什也是19名委员会官员中唯一一位在联邦公开市场委员会两份季度经济预测中均未就未来利率决策提供“点阵图”预测的人。
Warsh has also been alone among 19 committee officials in not providing a “dot” prediction about future rates decisions for either of the FOMC’s two quarterly economic projections since he took over.
美联储主席在其近六个月的任期内，一直阐述限制未来预测的偏好，并在七月表示，市场参与者“没有前瞻性指引也在学着‘打球，而非打裁判’”。
The Fed chair has laid out his preference for limiting future projections throughout his nearly six months in charge, saying in July market participants “are learning to play the ball, not the referee” without them.
“我理解对本委员会滚动预测和评论的需求。但就我们而言，我们需要直接、未经滤波地观察市场对事态发展的反应，”沃什当时对记者说。
“I understand the desire for rolling forecasts and commentary from this committee. But for our part, we need to observe market reaction to developments, direct and unfiltered,” Warsh told reporters at the time.