Ekaterina Peneva

In their time

Meetings by Chair

Yellen1Powell2

Policy rate

1.25–1.5% → 3.5–3.75%

+225 bp · Jan 2018 – Mar 2026

Rate moves

0 hikes · 0 cuts

3 holds at their meetings

Dissents witnessed

3

at 2 of 3 meetings

Unanimous

33%

1 of 3 meetings

Recessions

1

2020

US presidents

2

Trump · Biden

In the room

• Principal Economist, Division of Research and Statistics, Board of Governors1 meetingJan 30–31, 2018
• Assistant Director and Chief, Division of Research and Statistics, Board1 meetingJul 29–30, 2025
• Assistant Director, Division of Research and Statistics, Board1 meetingMar 17–18, 2026