During the period of October 1979 to October 1982; the FOMC's primary operating target resulted in:

Name: During the period of October 1979 to October 1982; the FOMC's primary operating target resulted in:
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During this period, the Federal Reserve, under Chairman Paul Volcker, shifted its focus to controlling the money supply rather than directly targeting the federal funds rate. This approach led to significant fluctuations in the federal funds rate as the Fed aggressively fought inflation.

During the Period of October 1979 to October 1982; the FOMC's