Battling inflation vs. unemployment

In the late 1970s and early 1980s, inflation was rising rapidly and the Federal Reserve chairman at the time, Paul Volcker, aggressively battled it. This sent the unemployment rate over 10 percent. Read related article.

Battling inflation vs. unemployment.
Source: Bureau of Labor Statistics. The Washington Post. Published on March 11, 2013, 6:28 p.m.
 
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