Gold Ten Data, December 20th news, the annual change in the composition of the Federal Open Market Committee (FOMC) voting members next year may slightly increase resistance to further rate cuts. Compared with the outgoing voting members, the incoming voting members are more inclined to be hawks. Oscar Munoz, an analyst at TD Securities, said, 'This opens the door to more dissenting votes next year.' At the FOMC meeting in December, four of the 19 Fed policymakers wrote down their predictions that this rate cut was inappropriate, with Cleveland Fed President Hamak casting a dissenting vote. Hamak will exit the FOMC next year, replaced by Chicago Fed President Goolsbee, who believes that the policy interest rate needs to be significantly lowered next year, apparently more dovish than Hamak. However, the other two new voting members, St. Louis Fed President Mousalem and Kansas City Fed President Schmiede, will make the position of the 2025 voting members more firm. They will replace Atlanta Fed President Bostic and San Francisco Fed President Daly, who are seen as moderates. TD Securities analysts speculate that Mousalem is one of the four policymakers who predicted opposition to this rate cut, and Schmiede may be another, both of whom have hinted at some hesitation about further rate cuts. The fourth may be Fed Governor Bowman, who opposed a 50 basis point rate cut in September but may switch to support this week's rate cut during the two-day meeting.
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Önümüzdeki yıl, Fed'in şahin üyelerinin en az üç kişiye çıkması bekleniyor.
Gold Ten Data, December 20th news, the annual change in the composition of the Federal Open Market Committee (FOMC) voting members next year may slightly increase resistance to further rate cuts. Compared with the outgoing voting members, the incoming voting members are more inclined to be hawks. Oscar Munoz, an analyst at TD Securities, said, 'This opens the door to more dissenting votes next year.' At the FOMC meeting in December, four of the 19 Fed policymakers wrote down their predictions that this rate cut was inappropriate, with Cleveland Fed President Hamak casting a dissenting vote. Hamak will exit the FOMC next year, replaced by Chicago Fed President Goolsbee, who believes that the policy interest rate needs to be significantly lowered next year, apparently more dovish than Hamak. However, the other two new voting members, St. Louis Fed President Mousalem and Kansas City Fed President Schmiede, will make the position of the 2025 voting members more firm. They will replace Atlanta Fed President Bostic and San Francisco Fed President Daly, who are seen as moderates. TD Securities analysts speculate that Mousalem is one of the four policymakers who predicted opposition to this rate cut, and Schmiede may be another, both of whom have hinted at some hesitation about further rate cuts. The fourth may be Fed Governor Bowman, who opposed a 50 basis point rate cut in September but may switch to support this week's rate cut during the two-day meeting.