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Inflation and the Dollar in the 1970's

In the 70's, inflation and the Fed Funds rate were high, and the dollar was low compared to the pre-inflationary period



PCE Price Index (%change Y-o-Y) (PCEPI_PC1)

Narrow Effective Exchange Rate (%-change since 1973-01-01) (NNUSBIS_NBD19730101)

Fed Funds Rate (%) (FEDFUNDS)

Source: U.S. Bureau of Economic Analysis; Bank for International Settlements; Board of Governors of the Federal Reserve System


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