Meet the Newest Fed Hawks and Doves

Doves take the cake….

“The Federal Reserve will shake up its roster at its meeting this week, just as it does at the beginning of every year.

Four regional presidents are rotating into voting roles on the FOMC (short for Federal Open Market Committee). This year’s rotation brings two doves and two hawks to the table.

In the current environment, the hawks are those who sound the loudest warnings that stimulative policies now could fuel rapid inflation later.

Doves, on the other hand, tend to argue that inflation is not a major risk any time soon. They would prefer the Fed focus on stimulating the economy and aiding the job market….”

Full article and infograph