We have had inflation for many decades. It was started by a Democrat. Raising interest rates has nothing to do with inflation. The Fed is still printing money hand over fist.
Ok dingbat. What president and when? How and why? How did the Repubs fix it when they were in power? You will find nothing. You just say whatever comes to your "mind".
Increasing the interest base rate is how the Fed slows down inflation. Have you missed the point additions for the last year and a half? Do you know anything? Can you read a graph?https://www.worlddata.info/america/...tion period from,year inflation rate was 7.7%.