John Fernald

In their time

Meetings by Chair

Bernanke6Yellen2

Policy rate

0–0.25% → 0.25–0.5%

+25 bp · Dec 2009 – Jul 2016

Rate moves

0 hikes · 0 cuts

8 holds at their meetings

Dissents witnessed

6

at 5 of 8 meetings

Unanimous

38%

3 of 8 meetings

Recessions

0

2009–2016

US presidents

1

Obama

In the room

• Vice President, Federal Reserve Bank of San Francisco3 meetingsDec 15–16, 2009 – Apr 26–27, 2011
• Group Vice President, Federal Reserve Bank of San Francisco2 meetingsApr 24–25, 2012 – Jun 19–20, 2012
• Senior Research Adviser, Federal Reserve Bank of San Francisco2 meetingsJun 18–19, 2013 – Apr 29–30, 2014
• Senior Research Advisor, Federal Reserve Bank of San Francisco1 meetingJul 26–27, 2016