As head of the Federal Reserve from 1979, Mr Volcker then tamed the inflation that ensued, bringing monetary stability in the face of political opposition to the very high interest rates required.

1979年，沃尔克出任美联储主席，为了控制随之而来的通货膨胀，沃尔克不顾来自政治方面的反对声音，大幅提高利率，带来了货币稳定。