The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...

Monetarism’s demerits very much inform the discussion of Paul Volcker. To this day, conservatives claim that by fiddling with the so-called “Fed funds rate,” Volcker arrested inflation.

AP MACROECONOMICS FRQ PRACTICE: Draw two side-by-side graphs of the foreign exchange market for the Yen and the U.S. Dollar. Based on the clip, show the effect of the change in the supply of Yen on ...

Writing about Paul Volcker’s time as Federal Reserve Chairman, Rickards wrote that Volcker “applied a tourniquet [on inflation] and twisted it hard. He raised the federal funds rate to 20% in ...

Paul Volcker died three years ago at age 92. And David Kestenbaum from our Planet Money podcast has more on Volcker's costly-but-ultimately-successful fight to tame inflation.

Paul Volcker is back in the limelight after Federal Reserve Chair Jerome Powell approvingly cited his interest rate-hiking flurry to tame inflation back in the 1970s. But what’s less talked ...

At the time, Powell invoked former Fed Chair Paul Volcker, who hiked rates massively in the late 1970s to contain high inflation. Powell's hawkish tone at Jackson Hole in 2022 underscored the Fed ...

MARY LOUISE KELLY, HOST: Paul Volcker died three years ago at age 92. And David Kestenbaum from our Planet Money podcast has more on Volcker's costly-but-ultimately-successful fight to tame inflation.