How many terms did Volcker serve as Fed Chairman?
One
Two
Three
Four
Answer
Volcker served two terms as the 12th Chair of the Federal Reserve System from August 1979 to August 1987. He is best known for implementing a monetary policy that increased interest rates and reduced inflation, albeit at the cost of putting the US in a recession. His policies are credited with curbing double-digit high inflation rates that plagued the US in the late 1970s and early 1980s.
Mastering the Volcker Legacy: The Ultimate Paul Volcker Quiz
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