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The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...
There’s a great story on the front page of the Wall Street Journal today, called “Two Kevins Battle to Be Next Fed Chair in ...
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 ...
American economist and chair of the Federal Reserve Paul Volcker testifies before the House Banking Committee in Washington, DC, on February 19, 1986. Mark Reinstein/Corbis via Getty Images.
Trump has admitted that his push for the Federal Reserve to lower interest rates, he’s actually making it harder for them to ...
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.
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 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 ...
The Volcker rule is named after Paul Volcker, who chaired the Federal Reserve from 1979 to1987 and served as the head of the Economic Advisory Board under Obama from 2009 to 2011.. In his ...
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.