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Chapter 15 Graph Update File
November 2014
Members of the Federal Reserve Board of Governors
Name Term Began Term Ends
Janet Yellen
(chair to 2018)
2010 2024
Stanley Fischer
(vice chair to 2018)
2014 2020
vacant 2016
vacant 2018
Daniel Tarullo 2009 2022
Lael Brainard 2014 2026
Jerome Powell 2012 2028
Inflation Rate Under Fed Chairmen
PCE price index ex. food & energy, 1/1959 to 1/2014
Chair Avg Start End Change Term
Martin 2.4 2.0 4.7 +2.7 4/1951 to 1/1970
Burns 5.8 4.7 6.5 +1.8 2/1970 to 1/1978
Miller 7.2 6.4 7.4 +1.0 3/1978 to 8/1979
Volcker 5.5 7.4 3.3 -4.1 8/1979 to 8/1987
Greenspan 2.4 3.3 2.2 -1.2 8/1987 to 1/2006
Bernanke 1.6 2.2 1.2 -0.9 2/2006 to 1/2014