Who Are the Three Fed Dissenters?

The transcript discusses the recent dissents within the FOMC, highlighting Eric Rosengren's shift towards a hawkish stance due to concerns about financial market imbalances. It notes the historical significance of having three dissents and the probability of a rate increase in December and February. The discussion also covers the FOMC's current views and expectations for future rate hikes, with a focus on the balance of risks and the dots chart indicating potential rate changes.

How has Eric Rosengren's position changed regarding interest rates?

What does the return of the balance of risk in the statement indicate?

What was the significance of the three dissents mentioned in the discussion?

What factors are influencing the Fed's decision-making process as discussed?

What are the implications of the Fed funds rate projections mentioned?