Wayne Passmore

In their time

Meetings by Chair

Bernanke1Yellen3

Policy rate

0–0.25% → 0.5–0.75%

+50 bp · Sep 2012 – Dec 2016

Rate moves

2 hikes · 0 cuts

2 holds at their meetings

Dissents witnessed

2

at 2 of 4 meetings

Unanimous

50%

2 of 4 meetings

Recessions

0

2012–2016

US presidents

1

Obama

In the room

• Associate Director, Division of Research and Statistics, Board of Governors2 meetingsSep 12–13, 2012 – Mar 18–19, 2014
• Senior Adviser, Division of Research and Statistics, Board of Governors2 meetingsDec 15–16, 2015 – Dec 13–14, 2016