The Federal Reserve updates its four rotating voting committee members for 2025, and the "hawkish" tilt may lead to more disagreements

PANews January 5 news, according to the official website of the Federal Reserve, in 2025 the Federal Reserve ushered in two "hawkish" voting members, one "dovish" voting member and one neutral voting member. Chicago Fed President Austan Goolsby D. Goolsbee), Boston Fed President Susan M. Collins, St. Louis Fed President Alberto G. Musalem, Kansas City Fed President Jeffrey R. Schmid will become the new rotating voting committee, replacing the four rotating voting committee members in 2024: Richmond Fed President Thomas I. Barkin, Atlanta Fed President Raphael W. Bostic, San Francisco Fed President Federal Reserve Bank President Mary C. Daly, Cleveland Fed President Beth M. Hammack.

Bloomberg analysis believes that the positions of the Federal Open Market Committee (FOMC) voting committee in 2025 will be more dispersed, and the neutrality will be reduced, which may lead to more disagreements. Barron's believes that the rotating voting committee may tilt the Federal Reserve towards a "hawkish" stance in its decision-making in 2025. Reuters analysis believes that as time goes by, Fed policymakers may once again find differences between them, especially if the labor market cools faster than inflation. The rise of more hawkish votes on the FOMC may heighten the risk of disagreement, although it may not change the policy outcome. According to the official website of the Federal Reserve, the Federal Reserve will hold a total of 8 meetings in 2025, in January, March, May, June, July, September, October and December. The dot plot released by the Federal Reserve in December 2024 shows that the Federal Reserve has lowered the number of future interest rate cuts. The number of interest rate cuts in 2025 has been reduced from 4 times predicted in September to 2 times. The median interest rate forecast has been raised from 3.4% in September to 3.9%. %.