Paul A. Volcker was the fed chair who brought down high Inflation at the cost of a recession in the 1980’s.
⇒ Generally, central banks will try to bring down inflation first, at the cost of a recession.
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Paul A. Volcker was the fed chair who brought down high Inflation at the cost of a recession in the 1980’s.
⇒ Generally, central banks will try to bring down inflation first, at the cost of a recession.