Robert G. Valletta

In their time

Meetings by Chair

Yellen3Powell6

Policy rate

0–0.25% → 5.25–5.5%

+525 bp · Dec 2014 – Jun 2024

Rate moves

2 hikes · 2 cuts

5 holds at their meetings

Dissents witnessed

7

at 4 of 9 meetings

Unanimous

56%

5 of 9 meetings

Recessions

1

2020

US presidents

3

Obama · Trump · Biden

In the room

• Vice President, Federal Reserve Bank of San Francisco3 meetingsDec 16–17, 2014 – Jan 31 – Feb 1, 2017
• Group Vice President, Federal Reserve Bank of San Francisco1 meetingJul 30–31, 2019
• Senior Vice President, Federal Reserve Bank of San Francisco5 meetingsMar 15, 2020 – Jun 11–12, 2024