Andreas L. Hornstein

In their time

Meetings by Chair

Bernanke9Yellen6Powell4

Policy rate

1.5% → 5.25–5.5%

+388 bp · Oct 2008 – Mar 2024

Rate moves

0 hikes · 2 cuts

16 holds at their meetings

Dissents witnessed

12

at 9 of 18 meetings

Unanimous

50%

9 of 18 meetings

Recessions

2

2007–09 · 2020

US presidents

4

G.W. Bush · Obama · Trump · Biden

In the room

• Vice President, Federal Reserve Bank of Richmond6 meetingsOct 28–29, 2008 – Apr 24–25, 2012
• Senior Advisor, Federal Reserve Bank of Richmond13 meetingsOct 23–24, 2012 – Mar 19–20, 2024