Karen M. Pence

In their time

Meetings by Chair

Bernanke2Yellen3Powell7

Policy rate

0–0.25% → 3.5–3.75%

+350 bp · Jul 2012 – Jan 2026

Rate moves

4 hikes · 0 cuts

8 holds at their meetings

Dissents witnessed

6

at 5 of 12 meetings

Unanimous

58%

7 of 12 meetings

Recessions

1

2020

US presidents

3

Obama · Trump · Biden

In the room

• Assistant Director, Division of Research and Statistics, Board of Governors4 meetingsJul 31 – Aug 1, 2012 – Mar 20–21, 2018
• Adviser, Division of Research and Statistics, Board of Governors2 meetingsJul 29–30, 2014 – Dec 13–14, 2016
• Deputy Associate Director, Division of Research and Statistics, Board of Governors1 meetingDec 15–16, 2020
• Deputy Associate Director, Division of Research and Statistics, Board5 meetingsJul 27–28, 2021 – Jan 27–28, 2026