Monitor US FOMC Member Waller's speech for insights on future rate decisions, crucial for Forex and equity markets.
Members of the Federal Reserve's Federal Open Market Committee (FOMC) cast votes on the appropriate level for the country's primary interest rates. Their public appearances frequently provide subtle hints about upcoming monetary policy changes; FOMC voting member tenure is from December 2020 to January 2030.
What it Measures
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Usual Effect
A more hawkish stance than anticipated tends to be favorable for 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)