Every Fed Chair Since 1970: Ranges of Unemployment vs Core Inflation
Data is Beautiful “ Monthly U.S. data, 1970–2025. Shaded squares show the 10th–90th percentile range of outcomes for that chair. What stands out: Burns = no bueno – Miller tenure was super short hence the thin rectangle. Volcker’s wide range—started with double-digit inflation, then brought it down. Greenspan’s long tenure clusters unemployment near 5–6%. Bernanke …