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FOMC Meeting · December 16, 1997 · Kaleb Nygaard

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December 16, 1997

Greenspan's 139th as Chair · FOMC meeting 1,012

5.5%

Policy rate

Held

11–1

Vote

1 dissent

For
For
For
For
For
For
For
For
Against(tighter)

GramlichGovernor
RivlinGovernor
PhillipsGovernor

5.5%

Policy rate

Held

11–1

Vote

1 dissent

For
For
For
For
For
For

the target rate since 1982 · scroll for other years · pinch to zoom

The policy rate since 1982→

← Nov 12Feb 3–4, 1998 →

For

For

For

GreenspanChair

FergusonGovernor

McdonoughNew York · Vice Chair

BoehnePhiladelphia

BroaddusRichmond

JordanCleveland

MelzerSt. Louisabsent

SternMinneapolis

ParrySan Francisco

HoenigKansas City

For

For

Against(tighter)

For

For

For

GramlichGovernor
RivlinGovernor
PhillipsGovernor
GreenspanChair
FergusonGovernor
MeyerGovernor
KelleyGovernor
McdonoughNew York · Vice Chair
MinehanBoston
BoehnePhiladelphia
BroaddusRichmond
JordanCleveland
MoskowChicago
GuynnAtlanta
MelzerSt. Louisabsent
McteerDallas
SternMinneapolis
ParrySan Francisco
HoenigKansas City

the target rate since 1982 · scroll for other years · pinch to zoom

The policy rate since 1982→