FOMC participants has now set themselves on a crucial Journey this year - When to do the first rate hike and how much?
- According to the latest update FED might hike rates over any meeting except April, 2015.
Individual voting member's opinions would be vital to assess the rate path. June and September are the major contenders so far. Treasury yield is voting for September.
Following board will get updated time to time -This year's Member include
| Voting Member | Views so far | Recent Change/Stance |
| Janet L. Yellen, Board of Governors, Chair | - Gradual Rate hike starting this year.
- Worried about Secular Stagnation, slowdown in economy due to external factors.
| - Very hawkish to Mild hawkish
|
| William C. Dudley, New York, Vice Chairman | - Worried over regulatory aspects and bad assets in banks
| |
| Lael Brainard, Board of Governors | - Focus on financial stability and regulatory watch
| |
| Charles L. Evans, Chicago | - No rate hike in 2016
- Worried over weakness in economy and strong dollar
| |
| Stanley Fischer, Board of Governors | - Likely will be warranted by end of 2015
| - Mild hawkish to Neutral, mild dovish
|
| Jeffrey M. Lacker, Richmond | - June rate hike still possible
| |
| Dennis P. Lockhart, Atlanta | - Rate hike after June but at least once this year
| |
| Jerome H. Powell, Board of Governors | - Focus is more on regulatory aspects and financial stability
| |
| Daniel K. Tarullo, Board of Governors | - Focuses over banking regulation and worried over weaker rates fueled risk taking
| |
| John C. Williams, San Francisco | - Confident over economic prospects especially labor market
| |
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