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Stephen H. Axilrod
1974–1986Division Director
Meetings at the table
0
Meetings in the room
141
1974–1986
In their time
Policy rate
10% → 7.25%
−275 bp · Oct 1982 – Apr 1986 (the series starts in Oct 1982)
Rate moves
9 hikes · 7 cuts
13 holds at their meetings
Dissents witnessed
133
at 70 of 120 meetings
Unanimous
42%
50 of 120 meetings
Recessions
3
1973–75 · 1980 · 1981–82
US presidents
4
Nixon · Ford · Carter · Reagan
In the room
- Economist (Domestic Finance)37 meetingsJan 21–22, 1974 – Feb 15, 1977
- Economist, Domestic Finance1 meetingFeb 17–18, 1976
- Economist57 meetingsMar 15, 1977 – Feb 24, 1981
- Staff Director19 meetingsMar 31, 1981 – Feb 8–9, 1983
- Staff Director and Secretary27 meetingsMar 28–29, 1983 – Apr 1, 1986
Seats held
- Division DirectorBoard of Governors· Staff Director for Monetary PolicyMonetary Policy1976–1977
- Division DirectorBoard of Governors· Office of Staff Director for Monetary and Financial PolicyMonetary Policy1978–1985