Ask a Wise Ape

Share this post
🦧 new year new crew
www.wiseape.fyi

🦧 new year new crew

Ape of Omaha
Jan 5
Share this post
🦧 new year new crew
www.wiseape.fyi

last year, the fed was pretty much united

throughout all of last year, fed policy makers were pretty much all on board with raising rates and agreed on tightening monetary policies

  • but by december, opinions were split on how high rates would have to be in 2023 to successfully tame still-high inflation

 
 

we now have four new members in the fed

members of the federal open market committee (fomc) changes each year – four regional fed presidents leave as four new come in

  • leaving are:

    • james bullard, loretta mester, esther george, susan collins

    • mostly hawkish voters

    • “hawkish” ~ willing to permit interest rates to rise to control inflation

  • joining the fed this year are:

    • austan goolsbee, patrick harker, lorie logan, neel kashkari

    • traditionally dovish or centrist, through hawkish in this unique recent environment

    • “dovish” ~ opposite of hawk

 
 

happy new year once again!

💡 something im thinking about

now 60% is way higher than i expected!

that's all, folks 🐒

thanks for reading Ask a Wise Ape – if you’re enjoying our content, please share with your friends to check it out and subscribe!

Share

buy me a coffee :)

instagram

as always, i’m no financial advisor! (i’m no substitute for professional financial services)
Share this post
🦧 new year new crew
www.wiseape.fyi
Comments
TopNewCommunity

No posts

Ready for more?

© 2023 Ape of Omaha 🐵
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing