AT the peak of the 1980s’ US inflation, Paul Volcker, then the Federal Reserve (Fed) chairman who stood at a towering height of 201 cm, made the extreme decision to hike interest rates to 20%.
Not only is he the tallest Fed chairman in US history, he also held the record for hiking interest rates to levels unmatched till today.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!