Monitor US FOMC Member Hammack's speech for insights on future rate decisions, crucial for Forex and equity markets.
Members of the Federal Reserve's FOMC cast votes to determine the nation's key interest rates, and their public statements often provide hints about future monetary policy plans; FOMC voting member for 2024.
What it Measures
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Usual Effect
A more hawkish stance than anticipated tends to benefit the currency.
Source & Frequency
Federal Reserve Bank of Cleveland (latest release) - https://www.clevelandfed.org/
How Data is Derived
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Also Known As
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Acronym
Federal Open Market Committee (FOMC)