Policy rate
1% → 3.5–3.75%
+263 bp · Dec 2008 – Mar 2026
Rate moves
0 hikes · 3 cuts
3 holds at their meetings
Dissents witnessed
5
at 4 of 6 meetings
Unanimous
33%
2 of 6 meetings
Recessions
2
2007–09 · 2020
US presidents
4
G.W. Bush · Obama · Trump · Biden