Definition of 'Thomas Hoenig'
In 2010, he started serving as a voting member of the Federal Open Market Committee. During 2010 Tomas Hoenig regularly voted against the maintenance of low interest rates saying that the improving economy would cause an increase in long-term inflation expectations that could destabilize the economy. 2011 sees him leaving the FOMC as a voting member.
He has a Bachelor of Arts in economics and mathematics from Benedictine College, Atchison, Kansas, and a Ph.D. in economics from Iowa State University.
Thomas Hoenig is a well known inflation hawk.
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