An applied Friedmanite, Volcker understood that excess growth of the money supply was the root cause of this ...

“I don’t think you can escape that.” These were the words of Federal Reserve Chairman Paul Volcker as he testified before Congress in October 1979. Inflation was 13%. Volcker’s ...

The world might love to hate financiers, but the worlds of hedge funds, venture capital, and central banking can be filled ...

The bond market is revealing a divergence between sovereign debt challenges and corporate financial stability, presenting a ...

Into his place was parachuted Paul Volcker, an experienced figure who, as under-secretary of the treasury for monetary affairs in 1976, played a pivotal role in working with the IMF on the rescue ...

The Federal Reserve declared victory over price inflation over the summer when it began rolling back its balance sheet ...

President Jimmy Carter appointed Paul Volcker as chairman of the Federal Reserve in 1979 specifically to address the soaring inflation rates of the late 1970s. This action contributed to ...

The recession was orchestrated by the Federal Reserve chair Paul Volcker, who had been appointed by Carter and then reappointed by Reagan. While Carter publicly distanced himself from Volcker’s ...

These include senior appointments, first and foremost Paul Volcker as chairman of the Federal Reserve. Carter assumed office as both inflation and unemployment combined, so-called “stagflation ...

The biggie, if conditions were normal, would be the jobs reports this week, including JOLTs today and the ADP private sector ...

Appointing Paul Volcker was the top accomplishment of the Carter presidency, and the benefit of a more vigilant Fed continues to pay dividends.