Early 1990s recession in the US (1 juill. 1990 – 1 mars 1991)
Description:
Inflation began to increase and the Federal Reserve responded by raising interest rates from 1986 to 1989. This weakened but did not stop growth, but some combination of the subsequent 1990 oil price shock, the debt accumulation of the 1980s, and the weakened economy to produce a brief recession.Ajouté au bande de temps:
Date:
1 juill. 1990
1 mars 1991
~ 8 months
