April 8, 2026 Speech
Regionalism at the Federal Reserve: Many Voices, One Purpose
The rest of our work focuses on monetary policy. And here, a diversity of views supports better outcomes.
President, Federal Reserve Bank of San Francisco
2026 alternate 2027 voter
| Institution | Federal Reserve Bank of San Francisco (District 12) |
|---|---|
| Current role since | — |
| Term ends | — |
| Official page | www.frbsf.org |
| On X | @sffed |
Start date not stated on the bank's page and not verified. 2026 alternate; votes in 2027.
| Meeting | Decision | Vote | Preference |
|---|---|---|---|
| December 18, 2024 | cut 4.25–4.50% | With majority | |
| November 7, 2024 | cut 4.50–4.75% | With majority | |
| September 18, 2024 | cut 4.75–5.00% | With majority | |
| July 31, 2024 | hold 5.25–5.50% | With majority | |
| June 12, 2024 | hold 5.25–5.50% | With majority | |
| May 1, 2024 | hold 5.25–5.50% | With majority | |
| March 20, 2024 | hold 5.25–5.50% | With majority | |
| January 31, 2024 | hold 5.25–5.50% | With majority | |
| December 15, 2021 | hold 0.00–0.25% | With majority | |
| November 3, 2021 | hold 0.00–0.25% | With majority | |
| September 22, 2021 | hold 0.00–0.25% | With majority | |
| July 28, 2021 | hold 0.00–0.25% | With majority | |
| June 16, 2021 | hold 0.00–0.25% | With majority | |
| April 28, 2021 | hold 0.00–0.25% | With majority | |
| March 17, 2021 | hold 0.00–0.25% | With majority | |
| January 27, 2021 | hold 0.00–0.25% | With majority | |
| November 5, 2020 alternate | hold 0.00–0.25% | With majority |
Source: FOMC statements, federalreserve.gov. From June 2026 the statements name only dissenters; majorities are inferred from the voting roster.
April 8, 2026 Speech
The rest of our work focuses on monetary policy. And here, a diversity of views supports better outcomes.
February 17, 2026 SpeechHawkish
Standard macro models and monetary policy thinking suggested interest rates should rise to ward off overheating in the labor market and a more significant run-up in inflation.
November 13, 2025 SpeechDovish
Plosser, Charles I. 2012. " Macro Models and Monetary Policy Analysis ." Speech at the Bundesbank–Federal Reserve Bank of Philadelphia Spring 2012 Research Conference, Eltville, Germany, May 25.
September 24, 2025 SpeechHawkish
As a monetary policymaker, I'm focused on the dual mandate that Congress gave us: price stability and maximum employment.
August 6, 2025 Speech
I see two dynamics affecting these mandates: the Fed's stance on interest rates and the slate of recent policy changes taken by elected officials.
June 22, 2025 SpeechDovish
The FOMC now publishes meeting statements and minutes, economic projections and projected interest rate paths, a statement on longer-run goals and monetary policy strategy, and of course, an explicit inflation target. The Chair also holds post-meeting press conferences, and FOMC participants regularly provide their own commentary and views during inter-meeting periods.
May 16, 2025 Speech
February 18, 2025 SpeechDovish
January 5, 2025 SpeechDovish
Mishkin. 1997. " Inflation Targeting: A New Framework for Monetary Policy? " Journal of Economic Perspectives 11(2), pp. 97–116.