Several Federal Reserve policymakers shared their views of the monetary policy going ahead after the central bank raised interest rates for the first time this year. Our last dashboard which was focused on the March meeting was a big success as the fed voting came out same as or dashboard. We have now moved to our next dashboard that will focus on the June meeting. June meeting because a rate hike before that doesn’t make sense and the market is pricing the second hike in June. Below are the key comments from different policymakers and finally the dashboard,

• Minneapolis Fed President Neel Kashkari maintained her dovish view by saying that the Fed should not rush to raise interest rates.
• Chicago Fed President Charles Evans said that there are three or four rate hikes possible this year. Cleveland Fed President Loretta Mester, Dallas Fed President Robert Kaplan, and San Francisco Fed President John Williams shared similar views.
• Philadelphia Fed President Patrick Harker thinks three rate hikes in 2017 make sense.

Now, our new dashboard will be focusing on the June meeting and it looks like below,

• Doves: Neel Kashkari
• Hawks: Charles Evans, Patrick Harker, and Robert Kaplan
• Unknown: Janet Yellen, Stanley Fischer, William Dudley, and Lael Brainard

Pls. note that Daniel Tarrullo has resigned and the position is yet to be filled. He voted at March meeting.