3 Matching Annotations
  1. Dec 2025
    1. Paul Fulker was appointed chairman of the Federal Reserve, essentially the head of the United States Central Bank. in 1979 and his appointment signaled a dramatic shift in US economic governance

      for - economic history - 1979 - Paul. A. Volcker appointed chairman of Federal Reserve - Volcker Shock - shift - from employment to inflation - raised interest rates to an astounding 20%, intentionally causing a recession

  2. May 2020