Chairman Volcker And the Dollar

August 1979
National Review;8/17/1979, Vol. 31 Issue 33, p1014
The article focuses on the role of Federal Reserve Board Chairman Paul Volcker on monetary management in the U.S. as well as the effects of recession on incumbents facing re-election. Volcker believes on the implementation of monetary policy by controlling interest rates. Threats of recession is imminent with the dollar under pressure on the foreign exchange markets.


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