It’s a new year, hence new members at FOMC along with some old ones who would be voting for rates in 2017. Let’s review the stance of different members -

• Janet Yellen would remain the chair of the committee in 2017 and she could easily be seen as one of the most dovish members of the committee. While she voted for a hike in December, his approach has always been extra caution.
• Lael Brainard would remain a voter in 2017 as she is the member of the board of Governors. Despite voting for past two hikes, she has always been vocal in her slower approach to rate hikes.
• Daniel Tarullo, another member of the board of governors usually focuses on the banking regulation part. His view is not exactly clear but there are enough evidence to say that they are dovish tilted.
• Jerome Powell of the Board of Governors largely focuses on the financial stability risks. His standings are not very clear, though he usually stands with the Chair when it comes to interest rate decision.
• William Dudley, as the President of the New York Fed, has a permanent vote on the policy and in the past years, he has consistently remained a very dovish member.
• Charles Evans, the President of the Chicago Fed is arguably the most dovish member of the group, who has also called for an overshooting of inflation.
• Stanley Fischer, the Vice President of the Committee remains one of the most influential members of the committee. He is a more hawkish member of the group.
• Philadelphia Fed President Patrick Harker would be voting for the very first time and going by his past comments, it would be fair to say that he prefers a faster rate hike.
• Neel Kashkari, the President of the Minneapolis Fed would be voting for the very first time and going by his views he is likely to remain a dovish voter throughout the year.
• Robert Kaplan, President of the Dallas Fed would be another first first-time in the FOMC, whose views are not clear.