WASHINGTON - MAY 14: Former Federal Reserve Chairman Paul Volcker testifies before the Joint ... More Economic Committee May 14, 2008 on Capitol Hill in Washington, DC. The full committee met for ...

WASHINGTON - MAY 14: Former Federal Reserve Chairman Paul Volcker testifies before the Joint ... More Economic Committee May 14, 2008 on Capitol Hill in Washington, DC. The full committee met for ...

The safe-haven status of gold is also in focus as the precious metal’s price hits record ... The crisis was only cured after Burns’ successor, Paul Volcker, raised rates to a record 20%.

Greenspan's predecessor, Paul Volcker, gets credit for stopping the great inflation by raising interest rates, although it resulted in a 6 percent drop in gross domestic product. When central ...

Fed Chairman Paul Volcker moved a substantial way in this direction in the 1980s as he got the United States out of its inflationary binge in the 1960s and 1970s. Alan Greenspan continued the ...

Fed Chair Paul Volcker later had to crush the cycle of rising prices by raising interest rates high enough to unleash a brutal recession. That painful measure restored the Fed’s credibility and ...

I saw Reagan as improving the economic and investment climate and with the help of Paul Volcker at the Fed reigning in the high inflation. I bought heavily using long-term calls and voted as you ...

Markets are powerful, they always speak, and they’ll overrun central bankers including those at the Fed. Read Full Article » ...