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Consumer prices in the 1980's: the cooling of inflation
Patrick Jackman
Economist, Division of Consumer Prices and Price Indexes, Office
of Prices and Living Conditions, Bureau of Labor Statistics
The deceleration in prices during the 1980's can be traced to the easing of monetary policy in late 1982. However, prices over the decade remained historically high. This article summarizes trends in the consumer price index in the 1980's.
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