1969 Recession (1 déc. 1969 – 1 nov 1970)
Description:
Lasted 11 months
followed a lengthy expansion
At the end of the expansion, inflation was rising, possibly a result of increased deficits.
coincided with an attempt to start closing the budget deficits of the Vietnam War (fiscal tightening) and the Federal Reserve raising interest rates (monetary tightening)
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