Richard Nixon: “And therefore, the course of the Federal Reserve, the course it is on…”

On the recordJuly 24, 1974

And therefore, the course of the Federal Reserve, the course it is on, is the necessary route to less inflation and lower interest rates.

Said by

Republican · California

Source

Address to the Nation About Inflation and the Economy.

More from Richard Nixon

Aug 4, 1974

This was a serious act of omission for which I take full responsibility and which I deeply regret.

Aug 8, 1974

And as I leave, let me say, that is an example I think all of us should remember.

Aug 8, 1974

Mistakes, yes. But for personal gain, never.

Aug 7, 1974

I firmly believe that our current fiscal situation demands national unanimity on the issues of a larger concern.

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Richard Nixon: “And therefore, the course of the Federal Reserve, the course it is on, is the necessary route to less inflation and…”