Benchmark
This Is the Fed's Hawk-to-Dove Scorecard
- Four new voters to give committee slightly more hawkish tilt
- New Fed bank presidents begin to show their feathers
How Well Did Yellen and Fed Meet Expectations?
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The new year will usher in a fresh crop of Federal Open Market Committee voters, making it time for an updated breakdown of where policy makers stand as the focus shifts to the timing of the next interest rate increase.
The four votes that rotate among the reserve bank presidents -- excluding New York, which has a permanent vote -- will change hands in January, and appear slightly more hawk-heavy. The newcomers include three hawks and a dove and replace a hawk, a dove and two neutrals.