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FOMC 2014: Fed Turns More Hawkish

While we read stories about the FOMC Minutes, we should keep in mind that the FOMC voting members rotates with the change of the year, and the composition turns more hawkish.


That could imply more support for a faster drawdown for the Fed's QE policy or a higher threshhold for the FOMC to reverse course.

For comparison here is the 2013 members: