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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.
8 hours ago · He attributed this to the “Volcker’s effect,” when in October 1979, former Fed Chair Paul Volcker’s tightening policy caused depressing demand and slowed down the U.S. economy as credit ...
Apr 16, 2024 · The staff and the Trustees of the IFRS Foundation and the International Accounting Standards Board have released condolences on the death of Paul Volcker, inaugural Chairman of the IFRS Foundation (formerly IASC Foundation) Trustees, serving from 2000 until 2006.
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2 days ago · The Fed's determined chair Paul Volcker oversaw half a decade of tight monetary policy in the US - Pierre Manevy/Daily Express/Getty Images Currency interventions have fallen out of favour since ...
Apr 25, 2024 · Commenting following Volker’s passing, WJC President Lauder said, “Paul Volker was a dedicated public servant who, in addition to stewarding the U.S. economy under two presidents, also played a pivotal in providing at least a measure of justice to Holocaust survivors and their heirs from Swiss banks.”
May 1, 2024 · Citi’s gambit was aggressive and ill-timed. Just as Citibank poured its resources and reputation into building a nationwide consumer base, its costs of funds went through the roof. In 1979, Jimmy Carter appointed Paul Volcker as Chair of the Federal Reserve Board of Governors, and Volcker proceeded to shock the nation’s money markets.
May 3, 2024 · What brought me to Stanford back then was a sense of purpose. Growing up in the '70s and '80s, I witnessed the toll that economic turmoil, high inflation, and slow growth took on families. By the time I arrived at Stanford in the fall of 1989, the Federal Reserve under Paul Volcker had tamed the very high inflation of the late '60s and '70s.
