The Great Inflation was the defining macroeconomic period of the second half of the twentieth century. Lasting from 1965 to 1982, it led economists to rethink the policies of the Fed and other central banks.
The 1982 Act aimed to ease pressures on depository institutions as the Fed acted to curb inflation
This economic downturn was triggered by tight monetary policy in an effort to fight inflation
The 1980 Act was one of the most important laws to affect the Fed in its 100-year history
The 1980s was a period of distress for the financial sector, especially savings and loans
In 1979, Fed Chairman Paul Volcker announced new anti-inflation measures
Commonly called Humphrey-Hawkins, the 1978 Act set new goals for the nation’s economic policymakers
The second oil shock of the 1970s was associated with events in the Middle East
This 1977 law was instrumental in shaping the current Fed
President Jimmy Carter signed the Community Reinvestment Act on October 12, 1977.