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A look at the 2024 FOMC lineup
The lineup of the 2023 FOMC voters will be in place until the FOMC meeting on January 30-31, 2024. In 2023, the rotation of district bank presidents voting at FOMC meetings consists New York’s John Williams (FOMC Vice Chair), Philadelphia’s Patrick Harker, Chicago’s Austan Goolsbee, and Minneapolis’ Neel Kashkari. While all of these policymakers were and are supportive of past rate hikes, some differences of opinion are starting to emerge as to whether restrictive monetary policy needs another nudge higher. There is no difference when it comes to the necessity of keeping rates higher for longer. In 2024, the ... (full story)