the staff of the Ridgewood blog
New York NY, in October 1979, newly appointed Federal Reserve Chairman Paul Volcker took a historic step to combat runaway inflation, marking a major shift in U.S. monetary policy. His aggressive approach would reshape the Fed’s role and lay the foundation for future economic stability.
Continue reading Paul Volcker’s Bold 1979 Inflation Crackdown That Reshaped the U.S. Economy
