This week's FOMC meeting will see a rotation of voting Fed bank presidents. Chicago Fed's Goolsbee (dove), Philadelphia Fed's Harker (centrist), Dallas Fed's Logan (centrist), and Minneapolis Fed's Kashkari (hawk) will not vote in 2024. In their place, Cleveland Fed’s Mester (hawk), Richmond Fed’s Barkin (hawk), Atlanta Fed’s Bostic (hawk), and San Francisco's Daly (hawk) become voting members this year. It is, therefore, safe to assume that the FOMC will be tilting hawkish at this meeting, especially when the new voting members have clarified their views before the blackout period. Loretta Mester recently said that ... (full story)