This is the Fed’s Hawk-to-Dove Scorecard

The Federal Reserve is debating the timing of its first interest-rate increase in almost a decade. Inside the Fed, who’s for hiking and who’s not? Who’s got pull and who doesn’t? Below, the Bloomberg economics team breaks down the positions of the 17 members of the Federal Open Market Committee and two potential new members. We’ve applied a subjective ranking based on their public records: A score of three doves indicates they’re most inclined toward an easy policy that favors job creation; three hawks show that they’re on the sharpest lookout for inflation and ready to tighten policy.


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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.