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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, with measures known as the Volcker shock.
Jul 13, 2022 · Federal Reserve Board Chair Paul Volcker addresses a crowd of people protesting high interest rates outside the Federal Reserve building in Washington, DC, on April 14, 1980. AP.
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Dec 8, 2019 · Paul A. Volcker. 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. Volcker was born in 1927 in Cape May, New Jersey. He received a bachelor’s degree from Princeton University and a master’s ...
Dec 9, 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 campaign to subdue inflation in the late 1970s and ...
Apr 14, 2024 · Paul Volcker (born September 5, 1927, Cape May, New Jersey, U.S.—died December 8, 2019, New York City, New York) was an American economist and banker who, as chairman of the board of governors of the U.S. Federal Reserve System (1979–87), played a key role in stabilizing the American economy during the 1980s.
After leaving the Treasury, Mr. Volcker became senior fellow at the Woodrow Wilson School of Public and International Affairs at Princeton University for the 1974-75 academic year. He was named chairman of the Board of Governors of the Federal Reserve System by President Carter, and was sworn in on August 6, 1979. He served until August 11, 1987.
Dec 9, 2019 · Paul Volcker, who as chairman of the Federal Reserve under Presidents Jimmy Carter and Ronald Reagan helped tame inflation with 22% interest rates that also crunched American manufacturing ...
