Monitor US FOMC Member Kocherlakota's speech for insights on future rate decisions and monetary policy shifts.
Members of the Federal Reserve's FOMC vote on the appropriate level for key interest rates, and their public statements often provide hints about potential future monetary policy; FOMC voting member in 2011 and 2014.
What it Measures
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Usual Effect
A more hawkish stance than anticipated tends to strengthen the currency.
Source & Frequency
Federal Reserve Bank of Minneapolis (latest release) - https://www.minneapolisfed.org/
How Data is Derived
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Also Known As
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Acronym
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