Etienne Gagnon

In their time

Meetings by Chair

Yellen3Powell20Warsh2

Policy rate

0–0.25% → 3.75–4%

+375 bp · Jun 2014 – Sep 2026

Rate moves

6 hikes · 2 cuts

17 holds at their meetings

Dissents witnessed

9

at 5 of 25 meetings

Unanimous

80%

20 of 25 meetings

Recessions

1

2020

US presidents

3

Obama · Trump · Biden

In the room

• Senior Economist, Division of Monetary Affairs, Board of Governors2 meetingsJun 17–18, 2014 – Jul 28–29, 2015
• Section Chief, Division of Monetary Affairs, Board of Governors4 meetingsJan 26–27, 2016 – Jul 30–31, 2019
• Assistant Director, Division of Monetary Affairs, Board of Governors4 meetingsDec 10–11, 2019 – Jun 15–16, 2021
• Assistant Director, Division of Monetary Affairs, Board8 meetingsJul 27–28, 2021 – Nov 1–2, 2022
• Associate Director, Division of International Finance, Board1 meetingJul 30–31, 2024