Blackhawks! Where Interest Rates Are Headed In One Chart (Fed Blackhawks Versus Doves)

by confoundedinterest17

The Federal Reserve’s DOTS PLOT shows where each Fed official’s projection for the central bank’s key short-term interest rate is headed. As of the September 21, 2022 Fed Open Market Committee (FOMC) meeting, the prediction of future Fed target rates is decidedly DOWNWARD SLOPING.

The Fed hawks, those that want to tighten monetary policy, are Bowman, Waller, Kashkari, Mester and George. The Fed doves (or those who are neutral) are Biden recent appointees Barr, Cook, Jefferson, Logan, Collins. Note that Brainard and Bostic are the only technical doves.

We are primarily funded by readers. Please subscribe and donate to support us!

I call the hawks at The Fed “The Blackhawks” since their mission of fighting inflation may lead to a recession. And Bowman, Mester and George are Lady Blackhawks.

On a different note, I am always amazed at First Lady Jill Biden’s wardrobe. She looks like she shops as La-Z-Boy furniture stores.



Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.