Paolo A. Pesenti

In their time

Meetings by Chair

Bernanke4Yellen8Powell15Warsh1

Policy rate

0–0.25% → 3.5–3.75%

+350 bp · Oct 2012 – Jul 2026

Rate moves

4 hikes · 2 cuts

22 holds at their meetings

Dissents witnessed

23

at 14 of 28 meetings

Unanimous

50%

14 of 28 meetings

Recessions

1

2020

US presidents

3

Obama · Trump · Biden

In the room

• Vice President, Federal Reserve Bank of New York3 meetingsOct 23–24, 2012 – Dec 17–18, 2013
• Associate Economist3 meetingsJan 28–29, 2014 – Dec 16–17, 2014
• Senior Vice President, Federal Reserve Bank of New York17 meetingsMar 17–18, 2015 – Jun 14–15, 2022
• Director of Monetary Policy Research, Federal Reserve Bank of New York5 meetingsJul 25–26, 2023 – Jul 28–29, 2026