On the research I conducted many economist agree that the Clinton presidency deserves some credit for the economic rise of the mid 90’s. According to multiple opinions the fact that Clinton allowed the Federal Reserve to manage interest rates in the way they deemed necessary, perfectly timed the market and avoided inflation, thus maintaining and even increasing the value of the US dollar. Effective interest rate management proved to be the key to maintain a low inflation rate. Each rise in the inflation rate was met by an even larger rise in the nominal interest rate. This kept the inflation rate from being volatile, for the more the Federal Reserve (Fed) responds to inflationary pressures, the less problematic inflation becomes. (The National