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Who Will Vote on Fed Policy Next Year?
News December 26, 2024 at 11:37 PM
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What You Need To Know
- The FOMC includes a rotating cast of presidents from 11 of the regional Fed banks, in addition to the seven Fed governors and the president of the New York Fed.
- The four new voters are based at regional banks in Boston, St. Louis, Kansas City and Chicago.
- The key question for the new voters and the committee is how quickly policymakers should lower rates with inflation still above the central bank’s 2% target.
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