Norman J. Morin

In their time

Meetings by Chair

Bernanke1Yellen2Powell23Warsh1

Policy rate

0–0.25% → 3.5–3.75%

+350 bp · Jan 2011 – Jul 2026

Rate moves

7 hikes · 4 cuts

16 holds at their meetings

Dissents witnessed

17

at 9 of 27 meetings

Unanimous

67%

18 of 27 meetings

Recessions

1

2020

US presidents

3

Obama · Trump · Biden

In the room

• Senior Economist, Division of Research and Statistics, Board of Governors1 meetingJan 25–26, 2011
• Assistant Director, Division of Research and Statistics, Board of Governors5 meetingsJun 13–14, 2017 – Jan 29–30, 2019
• Deputy Associate Director, Division of Research and Statistics, Board of Governors5 meetingsJul 30–31, 2019 – Mar 16–17, 2021
• Deputy Associate Director, Division of Research and Statistics, Board7 meetingsJul 27–28, 2021 – Oct 31 – Nov 1, 2023
• Associate Director, Division of Research and Statistics, Board8 meetingsApr 30 – May 1, 2024