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Following the October 6, 1979 meeting of the Federal Open Market Committee, the federal funds rate increased gradually from 11.5% to an eventual peak of 17.6% in April 1980. [6] This caused an economic recession beginning in January 1980, and in March 1980, president Jimmy Carter created his own plan for credit controls and budget cuts to beat ...
The early 1980s recession was a severe economic recession that affected much of the world between approximately the start of 1980 and 1982. [2] [1] [3] Long-term effects of the early 1980s recession contributed to the Latin American debt crisis, long-lasting slowdowns in the Caribbean and Sub-Saharan African countries, [3] the US savings and loan crisis, and a general adoption of neoliberal ...
During the 1980s the chart was based collectively on each single's weekly physical sales figures and airplay on American radio stations. George Michael was the only artist to achieve two year-end Billboard Hot 100 number-one singles in the 1980s. He achieved this with his songs "Faith" and "Careless Whisper".
The 1980s produced chart-topping hits in pop, hip-hop, rock, and R&B. Here's a list of the best songs from the time, ranging from Toto to Michael Jackson.
Their concerts regularly sold out, while their single releases regularly reached No. 1 on the Billboard Hot Country Songs chart. In 1989, Alabama was named the Artist of the Decade by the Academy of Country Music. By the end of the 1980s, the group had sold more than 24 million albums in the United States.
The Great Recession–aka The 2008 Financial Crisis. December 2007. June 2009. 1 year, 6 months. The Early ’80’s Recession. July 1981. November 1982. 1 year, 4 months. The Mid-’70’s ...
The hyperinflation of the early 1980s provided a blueprint for the Fed's action today. To cool an overheated economy, the Fed raises interest rates and tightens the money supply. That causes ...
Pages in category "1980s in economic history" The following 40 pages are in this category, out of 40 total. ... Early 1980s recession in the United States;