One of the leading political economists of the last century has died. Paul Volcker served as Federal Reserve chairman to Presidents Carter and Reagan and later as an adviser to President Obama.
(Bloomberg) -- Around Columbus Day, 1979, Paul Volcker, newly installed as head of the Federal Reserve, embarked on the crusade that made him a legend: a no-holds-barred campaign to beat back ...
Former Federal Reserve Chairman Paul Volcker ’49 will head a newly created White House advisory board tasked with helping jumpstart the economy and stabilize financial markets, President-elect Barack ...
At Barack Obama’s news conference this morning, he declared: “At this defining moment for our nation, the old ways of thinking and acting just won’t do. We are called to seek fresh thinking and bold ...
Paul Volcker, who helped shape U.S. 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 early ’80s, ...
One of his big concerns was to change the expectations, and hence the actions, of people who believed prices would continue to rise rapidly. “We are dealing with an inflationary momentum, and patterns ...
The tributes to President Jimmy Carter give him maximum credit for appointing Paul Volcker chair of the Federal Reserve, in August 1979. The horrendous stagflation of the period—three straight years ...
Regulators from the Federal Reserve and four other agencies were set to vote today on a final draft of the Volcker Rule, a provision of the 2010 Dodd-Frank financial reform law that is designed to ...
The entry of the hero of the anti-inflation wars of the 1980s into the public debate over recent moves by the Federal Reserve may provide an opening into the monetary policy that would be followed ...
(Reuters) - Former Federal Reserve Chairman Paul Volcker warned the Trump administration’s handling of domestic issues as well as trade talks with China is hurting the United States’ long-term ...
The Daily Princetonian spoke to former chairman of the Federal Reserve Paul Volcker '49 following a panel discussion in which he participated, titled "Are financial institutions too big or too big to ...