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March/April 2005, Part 2, 
Vol. 87, No. 2
Posted 2005-04-15


by Edwin M. Truman

The author discusses how the FOMC decision on October 6, 1979, was very much part of an international policy coordination process that played out with our partners abroad, principally in Europe, as well as within the U.S. government, in the late 1970s.