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Inflation is soaring. How did Paul Volcker’s Federal Reserve tackle it ...
Could another "Volcker shock" to curb inflation be next? Forty years ago, the Fed pushed the economy into a recession to stop inflation. Here’s how it played out.
Paul Volcker - Wikipedia
Paul Adolph Volcker Jr. (September 5, 1927 – December 8, 2019) was an American economist who served as the 12th chairman of the Federal Reserve from 1979 to 1987. During his tenure as chairman, Volcker was widely credited with having ended the high levels of inflation seen in the United States throughout the 1970s and early 1980s, [3] with ...
Paul A. Volcker, Fed Chairman Who Waged War on Inflation, Is Dead at 92
Published Dec. 9, 2019 Updated Dec. 13, 2019. Paul A. Volcker, who helped shape American economic policy for more than six decades, most notably by leading the Federal Reserve’s brute-force ...
Volcker Rule: Definition, Purpose, How It Works, and Criticism
The Volcker Rule aims to protect bank customers by preventing banks from making certain types of speculative investments that contributed to the 2007–2008 financial crisis. Essentially, it ...
Paul A. Volcker | Federal Reserve History
Born: September 5, 1927. Died: December 8, 2019. Paul A. Volcker became chairman of the Board of Governors of the Federal Reserve System on August 6, 1979. He was reappointed for a second term on August 6, 1983, and served until August 11, 1987.
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