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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. [3]
By the end of the 1980s, inflation was ebbing and the economy was booming. The 2022 inflation is not as bad as the inflation of 1978-1982 — but it’s the worst inflation the US has experienced ...
Paul Volcker, in full Paul Adolph Volcker, (born September 5, 1927, Cape May, New Jersey, U.S.—died December 8, 2019, New York City, New York), 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.
George Tames/The New York Times. 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 ...
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. Volcker was born in 1927 in Cape May, New Jersey.
Transcript. Decades back, former Federal Reserve Chairman Paul Volcker had a radical idea to fight against inflation. MARY LOUISE KELLY, HOST: Paul Volcker died three years ago at age 92. And ...
Former Federal Reserve Chairman Paul Volcker, the closest thing to a rock star economist this country has seen, died Monday at 92, NPR has confirmed. He reportedly had prostate cancer. It has been ...
Paul Volcker, the former chairman of the Federal Reserve known for his battles against inflation in the late 1970s and early 1980s, has died. He was 92. He passed away at his home in New York ...
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.
He remains the key historical foil to Paul Volcker, Fed chair from 1979 to 1987, who pushed interest rates up to nearly 20 percent in 1981, crashed the economy into a deep recession and ultimately ...
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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... Wikipedia
- September 5, 1927, Cape May, New Jersey, United States
- December 8, 2019, New York City, New York (state), United States
- Prostate cancer
- $15 million (celebritynetworth.com)
- 6'7" (2.01m)
- Anke Dening (m 2010 - 2019), Barbara Bahnson (m 1954 - 1998)
- James Volcker, Janice Volcker
- Paul Adolph Volcker, Alma Louise Volcker
- Harvard University, Princeton University, London School of Economics
- The Reagan Presidency, The Marvelous History of the US Dollar, Commanding Heights: The Battle for the World Economy, Die Affäre Meili - Ein Whistleblower zwischen Moral und Milliarden, Money for Nothing: Inside the Federal Reserve, Reagan, Inside Job
- Democratic Party (United States)
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