How different are Democratic and Republic appointees to the Fed’s Board of Governors?

John Sides talks with Julio Suarez, who has been researching the topic:

Recently they don’t look much different at all. When you take the average member appointed by a Democratic president and the average member appointed by a Republican president, you observe what you expect: Since 1936, Democratic appointees are slightly more dovish than Republican appointees, although the difference is not statistically significant. The average score for a Democratic appointee is -0.22 vs. -0.08 for a Republican appointee.

There is more here, including a graph and a link to the underlying data.


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