Giovanni Favara

In their time

Meetings by Chair

Yellen1Powell11Warsh1

Policy rate

0.75–1% → 3.5–3.75%

+275 bp · Jun 2017 – Jun 2026

Rate moves

4 hikes · 2 cuts

7 holds at their meetings

Dissents witnessed

10

at 5 of 13 meetings

Unanimous

62%

8 of 13 meetings

Recessions

1

2020

US presidents

2

Trump · Biden

In the room

• Section Chief, Division of Monetary Affairs, Board of Governors1 meetingJun 13–14, 2017
• Assistant Director, Division of Monetary Affairs, Board of Governors3 meetingsOct 29–30, 2019 – Apr 27–28, 2021
• Assistant Director, Division of Monetary Affairs, Board5 meetingsNov 2–3, 2021 – Mar 19–20, 2024
• Deputy Associate Director, Division of Monetary Affairs, Board2 meetingsJun 17–18, 2025 – Oct 28–29, 2025
• Associate Director, Division of Monetary Affairs, Board2 meetingsApr 28–29, 2026 – Jun 16–17, 2026