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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]
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.
Paul Volcker, 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 in the 1980s. While at the Treasury Department, he was the chief architect of the country’s abandonment of the gold standard.
The crisis would end, and most economists give credit for ending it to Paul Volcker, the chair of the Federal Reserve. Volcker got inflation under control through the economic equivalent of ...
Paul Adolph Volcker Jr. was born on Sept. 5, 1927 — Labor Day — in Cape May, on the southern tip of New Jersey, where his father was the city manager. Paul moved as a child to Teaneck, a leafy ...
- The Man Who Saved America | A Finance DocumentaryYouTube
- Remembering former Fed chair and economic giant Paul VolckerYouTube
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- Paul Volcker at Harvard Law School: on preventing bank failuresYouTube
Paul Volcker's tenure as Fed chairman lasted eight years, until 1987. He returned to Wall Street and then came back to Washington as an adviser to President Barack Obama in the aftermath of the ...
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, 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 ...
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