See exactly where each Fed official stands on interest rates
The Federal Reserve's 12-member policy committee doesn't always agree. While Chair Powell sets the tone, individual FOMC members often publicly diverge on whether rates should go up, down, or stay put. This tracker aggregates their positions in real-time.
Want to know if Kashkari or Barkin is more hawkish? Curious whether the Philadelphia Fed president supports cuts? This tool shows you each official's stance based on recent statements, voting records, and their projected rate path from the latest dot plot.
Understanding where officials stand helps investors, business owners, and savers prepare for what the Fed might actually do next—especially when public disagreement signals an FOMC committee in flux.
The Federal Reserve faces a classic policy dilemma in early 2026: inflation has fallen from the 7%+ peaks of 2022-2023, but remains above the Fed's 2% target. Meanwhile, the labor market has cooled somewhat, raising questions about employment. This creates a natural split: dovish officials prioritize supporting jobs and believe rate cuts are justified, while hawkish officials worry that cutting too soon could reignite inflation.
Chair Powell and others emphasize being 'data-dependent,' meaning decisions hinge on incoming economic reports each month. This flexibility is why you see disagreement—officials weight the same data differently and have different risk tolerances for inflation resurgence.
Stance: Where the official currently leans—Dovish (supports cuts), Hawkish (supports holding or raising), or Neutral (data-dependent/mixed signals).
Dot Plot Projection: Each FOMC member provides a personal forecast for where the Federal Funds Rate should be by year-end. This is released quarterly after FOMC meetings.
Recent Statements: Direct quotes from speeches, press appearances, and interviews show their exact thinking. Statements are more candid than voting behavior.
Voting Record: Sometimes officials vote against the majority. Dissenting votes are highlighted—they reveal stronger conviction.
Fed decisions ripple through mortgages, auto loans, savings rates, and stock market valuations. If dovish members gain influence, expect rate cuts and lower borrowing costs. If hawks win out, expect rates to stay high longer. This tracker lets you monitor the internal debate in real-time so you can anticipate what the Fed might actually do—not just what Chair Powell says at press conferences.
Updated after each FOMC meeting (8 times annually), this tool captures the latest statements, votes, and projections so you're never guessing about where officials truly stand.
Quick answers to common questions