Federal Open Market Committee meet January 30 and 31
A quick look at the rotation taking place:
New voters for 2018:
- Loretta Mester,
- Tom Barkin,
- Raphael Bostic,
- John Williams
2017 voters not voting this year
- Charles Evans
- Patrick Harker
- Rob Kaplan
- Neel Kashkari
And, you might find this a handy cheat sheet. Via UBS, who preface:
The January meeting is Yellen’s last, so we have taken her name off.
We have reordered some participants because of their evolving communications.
- Bullard’s “state dependent” framework for monetary policy means that he could easily shift away from his very dovish stance.
- Barkin-the new President of the Richmond Fed-has no track record to judge, but we put him on the hawkish wing because of Richmond’s traditional views; that characterization could easily change.