Karel Mertens

In their time

Meetings by Chair

Powell15Warsh1

Policy rate

1.75–2% → 3.5–3.75%

+175 bp · Jul 2018 – Jun 2026

Rate moves

1 hike · 3 cuts

12 holds at their meetings

Dissents witnessed

7

at 5 of 16 meetings

Unanimous

69%

11 of 16 meetings

Recessions

1

2020

US presidents

2

Trump · Biden

In the room

• Senior Economic Policy Advisor, Federal Reserve Bank of Dallas8 meetingsJul 31 – Aug 1, 2018 – Mar 15–16, 2022
• Interim Director of Research, Federal Reserve Bank of Dallas1 meetingMar 19–20, 2024
• Senior Vice President, Federal Reserve Bank of Dallas5 meetingsJun 11–12, 2024 – May 6–7, 2025
• Associate Economist2 meetingsJan 27–28, 2026 – Jun 16–17, 2026