Did senior Fed officials switch to the pigeon faction? Check out the list of FOMC dates for 2024!

In the FOMC, 7 directors and 5 district federal governors have the right to vote. The directors and the New York District Federal Reserve President are permanent members who always have the right to vote, but the four district federal governors serve a one-year term due to the rotation system.

According to Bloomberg data, the policy stance of FOMC members who have the right to vote this year (2023) will be 4 pigeons, 3 neutrals, and 5 hawks, and next year they will be 5 pigeons, 3 neutrals, and 4 hawks.