Fed Speak Tracker — August 29, 2026

Remarks published from 2026-07-31 to 2026-08-29, changes measured against the prior window (2026-07-01 to 2026-07-30).

Where each speaker stands

Cook shifted to a leaning hawkish stance from neutral, a change of 2.22 points. This shift was driven by phrases such as "inflation is too high", "above target", "inflationary pressure", and "price pressures".

The remarks

Cook — Outlook for the U.S. and Alaskan Economies — 2026-08-05

Score: 2.22, Lean: leaning hawkish

Hawkish phrases:

• "inflation is too high": 2 hits
• "above target": 1 hit
• "inflationary pressure": 1 hit
• "price pressures": 1 hit

Dovish phrases:

• "disinflation": 2 hits (1 negated)

Density: 17.72 phrases per 1000 words (3611 words total)

Warsh — In Our Time — 2026-08-28

Score: 0, Lean: neutral

Hawkish phrases: None

Dovish phrases: None

Density: 14.24 phrases per 1000 words (5690 words total)

What the FOMC statement changed

The FOMC statement issued on 2026-07-29 included the following additions compared to the previous statement:

• "july 29 2026 federal reserve issues fomc statement for release at 2 00 p.m."
• "edt share the federal open market committee approved the following statement for release by a 9 3 vote the committee decided to maintain the target range for the federal funds rate at 3-1 2 to 3-3 4 percent in support of the federal reserve's dual mandate."
• "the committee is continuing its policy of maintaining ample reserves in the banking system."
• "voting against the monetary policy action were beth m."
• "hammack neel kashkari and lorie k."
• "logan who preferred to raise the target range for the federal funds rate by 1 4 percentage point at this meeting."
• "implementation note issued july 29 2026 last update july 29 2026 board of governors of the federal reserve system about the fed news events monetary policy supervision regulation financial stability payment systems economic research data consumers communities connect with the board tools and information contact publications freedom of information foia office of inspector general budget performance audit no fear act espa ntilde ol website policies privacy program accessibility stay connected federal reserve facebook page federal reserve instagram page federal reserve youtube page federal reserve flickr page federal reserve linkedin page federal reserve threads page link to federal reserve x page link to federal reserve bluesky page subscribe to rss subscribe to email board of governors of the federal reserve system 20th street and constitution avenue n.w."

The following content was removed:

• "june 17 2026 federal reserve issues fomc statement for release at 2 00 p.m."
• "edt share the federal open market committee approved the following statement for release by a 12 0 vote the committee decided to maintain the target range for the federal funds rate at 3-1 2 to 3-3 4 percent in support of the federal reserve's dual mandate."
• "the committee reaffirmed its policy of maintaining ample reserves in the banking system."
• "implementation note issued june 17 2026 last update june 17 2026 board of governors of the federal reserve system about the fed news events monetary policy supervision regulation financial stability payment systems economic research data consumers communities connect with the board tools and information contact publications freedom of information foia office of inspector general budget performance audit no fear act espa ntilde ol website policies privacy program accessibility stay connected federal reserve facebook page federal reserve instagram page federal reserve youtube page federal reserve flickr page federal reserve linkedin page federal reserve threads page link to federal reserve x page link to federal reserve bluesky page subscribe to rss subscribe to email board of governors of the federal reserve system 20th street and constitution avenue n.w."

20 sections of the statement remained unchanged.

Not about monetary policy

No remarks were categorized as off-topic for monetary policy in this edition.

Methodology

This feed uses a lexicon of hawkish and dovish phrases to score remarks. Remarks are included if their relevance score is 8 or higher. A neutral band of 1.5 points around zero is applied. A shift in stance is noted if the change in score is 2 points or more. The coverage is limited to the Board of Governors only (speeches, testimony, and FOMC statements). Regional reserve bank feeds are not included as they are not consistently machine-readable.

Rubric version: fed-speak/v1

Sources:

• Board of Governors of the Federal Reserve System — speeches feed (federalreserve.gov/feeds/speeches.xml)
• Board of Governors — testimony feed (federalreserve.gov/feeds/testimony.xml)
• Board of Governors — monetary policy press releases (federalreserve.gov/feeds/press_monetary.xml)