Daniel M. Covitz

In their time

Meetings by Chair

Bernanke11Yellen8Powell25

Policy rate

1% → 4–4.25%

+313 bp · Dec 2008 – Sep 2025

Rate moves

5 hikes · 6 cuts

33 holds at their meetings

Dissents witnessed

27

at 18 of 44 meetings

Unanimous

59%

26 of 44 meetings

Recessions

2

2007–09 · 2020

US presidents

4

G.W. Bush · Obama · Trump · Biden

In the room

• Assistant Director, Division of Research and Statistics, Board of Governors1 meetingDec 15–16, 2008
• Deputy Associate Director, Division of Research and Statistics, Board of Governors1 meetingNov 2–3, 2010
• Associate Director, Division of Research and Statistics, Board of Governors12 meetingsJan 25–26, 2011 – Dec 16–17, 2014
• Deputy Director, Division of Research and Statistics, Board of Governors18 meetingsJun 16–17, 2015 – Jun 15–16, 2021
• Deputy Director, Division of Research and Statistics, Board12 meetingsNov 2–3, 2021 – Sep 16–17, 2025