Monitor US FOMC Member Cook's speech for insights on future rate decisions, crucial for Forex and equity markets.
Members of the Federal Reserve's FOMC meet to decide on the nation's key interest rates. Their public statements often provide hints about potential future monetary policy changes. FOMC voting member term: May 2022 - January 2038.
What it Measures
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Usual Effect
A more hawkish stance than anticipated tends to strengthen the currency.
Source & Frequency
Federal Reserve (latest release) - https://www.federalreserve.gov/
How Data is Derived
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Also Known As
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Acronym
Federal Open Market Committee (FOMC)