Cook and Hammack preferred to raise the target range for the federal funds rate by 1/4 percentage point.
Decisions: Hike Cut Hold
October 28, 2026 Press conferenceHawkish
The Committee believes that the accumulation of more information will help it determine the policy stance appropriate to ensure a timely return of inflation to the 2 percent goal. The Committee will deliver price stability.
Press conference after the October 2026 FOMC meeting. Federal Reserve Board, Washington.
October 14, 2026 Speech
The review notes that supervisory attention at SVB often centered on process, procedure, governance, and controls rather than on mitigating the underlying interest rate and liquidity exposures. SVB had 54 matters requiring attention or immediate attention between 2019 and the time of its failure, yet none of those supervisory findings required the bank to address its core financial risks.
Supervisory Modernization After Silicon Valley Bank. Bangkok Economic Festival, Reinventing Bretton Woods Committee, Bangkok, Thailand.
October 12, 2026 SpeechHawkish
Based on current conditions, forecasts, and risks to the inflation side of our mandate, I believe a restrictive policy stance will be needed for us to reach our destination in a timely fashion.
Trimming the Sails: Communicating My Reaction Function. 68th National Association of Business Economics annual meeting.