FOMC Speak

A repository of speeches, testimony, interviews and commentary by FOMC participants

A History of FOMC Dissents

FOMC Dissents
Infographic:
FOMC Dissents (PDF)

(updated Feb. 24, 2017)

A study by Daniel L. Thornton and David C. Wheelock, published in the Federal Reserve Bank of St. Louis’ Review in 2014, presents a record of dissents on FOMC monetary policy votes from 1936 through 2013. The Excel file below extends their dataset and will be updated regularly. In addition to showing the total number of dissents at each meeting, the file breaks down the number by FOMC member type (governors and presidents) and whether the dissents were in favor of easier policy, in favor of tighter policy or for other reasons.

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Resources on the history of dissents on FOMC monetary policy votes include an article in the Federal Reserve Bank of St. Louis Review, a dataset that is updated regularly and an info graphic.