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How Inflation Hawks Might Affect The Fed?

Wednesday, January 12, 2011 - 8:06 AM
Will the new voting members at the FOMC vote against the continuation of QE2 and the zero rate monetary policy like what Thomas Hoenig did last year? There are reports that three are inflation hawks, but that doesn't mean they'll formally dissent by voting against the policy. According to this Wall Street Journal article:
So far none of the new voting members are voicing a strong inclination to change course - including Mr. Plosser and Mr. Fisher, both of whom have been outspoken critics of the policy.

Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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