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Dec 9, 2019 · Paul Volcker, the former head of the US central bank who was known for fighting inflation, has died at the age of 92. Appointed chair of the Federal Reserve in 1979, Mr Volcker dramatically raised ...
Paul A. Volcker. Paul Volcker became president on August 1, 1975, at the age of 47. As president, he also served as vice chairman of the FOMC. Previously he served in a variety of positions with the Treasury, Chase Manhattan Bank, and the New York Fed. Mr. Volcker was born on September 1927 in Cape May, New Jersey.
Dec 10, 2019 · Paul Volcker, who defeated runaway inflation as Federal Reserve chairman in the 1980s and whose “Volcker Rule” became a controversial element of postcrisis banking regulation in the Obama ...
- 2 min
- Kate Davidson,Sudeep Reddy
Dec 9, 2019 · Paul Volcker, the most important Fed chair of the 20th century, has died. Volcker caused two recessions — and ended the 1970s era of high inflation in the US. By Dylan Matthews dylan@vox.com Dec ...
Dec 10, 2019 · After Paul Volcker retired from the Federal Reserve, a friend dropped by his office in New York. He began to regale Volcker with tales of how his son, who worked for a hedge fund, was making big ...
Dec 9, 2019 · Paul A. Volcker, a hardheaded economic statesman who as chairman of the Federal Reserve from 1979 to 1987 shocked the U.S. economy out of a cycle of inflation and malaise and so set the stage for ...
Oct 30, 2021 · Paul Volcker was Chair of the Federal Reserve from 1979 to 1987. In 1980, the Volcker Shock raised the fed funds rate to its highest point in history to end double-digit inflation. In 2015, the Volcker Rule prohibited banks from using customer deposits to trade for their profit. In 2014, Volcker called for a new Bretton Woods Agreement to ...
