Fed’s Group to Take Dovish Tilt With Four New 2023 Voters (1)

The Federal Reserve’s policy makers are going to become incrementally more dovish in 2023, as a new roster of senior officials brings a greater focus on maximum employment to its policy-setting committee.

Lorie Logan

Photographer: David Paul Morris/Bloomberg

With the Federal Open Market Committee’s annual rotation of voters on monetary policy, James Bullard of the St. Louis Fed, Loretta Mester of the Cleveland Fed and Esther George of the Kansas City Fed — all of whom have favored sharply higher interest rates to help curb inflation — will lose their votes. Boston’s Susan Collins, a newcomer who’s considered to be neutral, will also ...