David M. Arseneau

In their time

Meetings by Chair

Bernanke1Powell2

Policy rate

0–0.25% → 4.25–4.5%

+425 bp · Jan 2011 – Jul 2025

Rate moves

1 hike · 0 cuts

2 holds at their meetings

Dissents witnessed

2

at 1 of 3 meetings

Unanimous

67%

2 of 3 meetings

Recessions

1

2020

US presidents

3

Obama · Trump · Biden

In the room

• Senior Economist, Division of International Finance, Board of Governors1 meetingJan 25–26, 2011
• Assistant Director, Division of Financial Stability, Board1 meetingJul 26–27, 2022
• Deputy Associate Director, Division of Financial Stability, Board1 meetingJul 29–30, 2025