Explore the history of Federal Reserve leadership and current FOMC members
Target Range Upper Limit (DFEDTARU)
The Federal Reserve System is the central bank of the United States. It was created by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system.
Key Functions:
The Federal Open Market Committee (FOMC) is the monetary policymaking body of the Federal Reserve. It meets eight times a year to set the target federal funds rate.
Composition:
The FOMC has 12 voting members. The 7 Board governors and NY Fed president always vote. The remaining 4 votes rotate annually among the other 11 regional Fed presidents.

2026 - Present (0Years)
17th Fed Chair. Former Fed Governor (2006-2011) and youngest appointee in Fed history at 35. Nominated by President Trump in January 2026 and sworn in as Chair in May 2026.
Historical Federal Funds Rate during each Fed Chair's tenure. The colored bands indicate each chair's term period.
An interesting analysis of the correlation between Fed Chairs' heights and peak interest rates during their terms.
Paul Volcker, the tallest Fed Chair at 201cm, also had the highest peak rate at 19.1%