Things are Changing at the FED: Number of Hawkish and Dovish Members Updated! Here is the New Staff and Expectations
There will be significant changes to the Fed’s interest rate-setting committee in 2025, with two “hawks,” one “dove,” and one neutral member joining the Federal Open Market Committee (FOMC).
The transition comes at a time when inflation concerns are resurfacing, posing new challenges for policymakers guiding the U.S. economy.
The FOMC is scheduled to hold eight meetings throughout the year — in January, March, May, June, July, September, October and December — which will be crucial in determining the pace of future interest rate adjustments.
Last month, the Fed cut its benchmark policy rate by a quarter point and signaled only two more rate cuts through 2025. Fed Chairman Jerome Powell said the central bank was entering a new era and that future rate cuts would be more gradual and>
The potential impact of President-elect Donald Trump’s policies further complicates the Fed’s decision-making process. Some economists say his proposed plans, which include higher tariffs, widespread deportations and tax cuts, could strain the labor market and raise inflation.
*This is not investment advice.