Jonathan P. McCarthy

In their time

Meetings by Chair

Bernanke6Yellen9Powell13Warsh1

Policy rate

0–0.25% → 3.5–3.75%

+350 bp · Jun 2009 – Jun 2026

Rate moves

5 hikes · 1 cut

22 holds at their meetings

Dissents witnessed

8

at 7 of 28 meetings

Unanimous

75%

21 of 28 meetings

Recessions

2

2007–09 · 2020

US presidents

3

Obama · Trump · Biden

In the room

• Economist, Division of Monetary Affairs, Board of Governors1 meetingJun 23–24, 2009
• Assistant Vice President, Federal Reserve Bank of New York2 meetingsSep 22–23, 2009 – Jun 21–22, 2011
• Vice President, Federal Reserve Bank of New York14 meetingsSep 12–13, 2012 – Dec 14–15, 2021
• Associate Economist6 meetingsJan 27–28, 2015 – Jun 13–14, 2017
• Economic Research Advisor, Federal Reserve Bank of New York6 meetingsSep 20–21, 2022 – Jun 16–17, 2026