Saturday, October 23, 2010

Federal Reserve Member Views on QE2

Calculated Risk has put together this table on the current views of Fed members on QE2. As can be seen, the overwhelming number of current FOMC members are likely to vote in favor of QE2. Any talk, that suggests that there are not enough votes for QE2, should be considered uninformed.

Person, PositionFOMC MembershipQE2 Position
Ben S. Bernanke, Board of Governors, ChairmanFOMCYes
Janet L. Yellen, Fed Vice Chairman, Board of GovernorsFOMCYes
William C. Dudley, New York, FOMC Vice ChairmanFOMCYes
James Bullard, St. LouisFOMCYes
Elizabeth A. Duke, Board of GovernorsFOMCYes (probably)
Thomas M. Hoenig, Kansas CityFOMCNo
Sandra Pianalto, ClevelandFOMCYes
Sarah Bloom Raskin, Board of GovernorsFOMCYes (probably)
Eric S. Rosengren, BostonFOMCYes
Daniel K. Tarullo, Board of GovernorsFOMCYes (probably)
Kevin M. Warsh, Board of GovernorsFOMCUndecided
Charles L. Evans, ChicagoAlternateYes
Richard W. Fisher, DallasAlternateUndecided
Narayana Kocherlakota, MinneapolisAlternateUndecided
Charles I. Plosser, PhiladelphiaAlternateNo
Christine M. Cumming, First Vice President, New YorkAlternateUnknown

(Via Joe Weisenthal)

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