Paul Volcker's battle against inflation pushed interest rates up to 20%

Dec 9, 2019
Getting a loan in the early 1980s was a lot more expensive than today. That was the point.
Former Federal Reserve Chairman Paul Volcker testifies before the Joint Economic Committee May 14, 2008 on Capitol Hill in Washington, DC.
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Former Federal Reserve Chairman Paul Volcker has died at 92

Dec 9, 2019
Volcker's victory over inflation in the 1980s is widely credited with more than two decades of mostly steady economic growth that followed.
Paul Volcker addresses the UN General Assembly in 2005.
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An economic turkey throwdown

Nov 28, 2013
You may know former Fed Chairman Paul Volcker as the guy who tamed inflation, but apparently, he cooks a mean Thanksgiving turkey.

Interview: Paul Volcker on why U.S. presidents still call on the former Fed chief

Oct 15, 2012
Former Federal Reserve Chairman Paul Volcker and his biographer Bill Silber sit down for an interview on the economy, financial regulation, and why U.S. presidents still call on the former Fed chief.
Former Federal Reserve Board Chairman Paul Volcker testifies before the Senate Banking, Housing and Urban Affairs Committee in 2012.
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Three steps to boost investor confidence

Aug 9, 2012
Banks are still huge, financial scandals still break -- even after the recession revealed flaws in the financial system. A commentator gives his short-and-sweet solution.

Volcker Rule aims for fewer risks in the market

Feb 14, 2012
There's renewed debate today about the so-called "Volcker Rule." It's part of the Dodd-Frank Wall Street reform passed two years ago. Basically, the Volcker Rule says banks should take fewer risks in the market.

For public good, not for profit.

Why mere mortals should know the name 'Volcker'

Feb 13, 2012
Former Fed chairman Paul Volcker is weighing in on the rule that bears his name. The banks are paying attention; you should, too.

The Problems with the Volcker Rule

Oct 21, 2011
In Washington, a piece of the financial reform law that was passed last year is having a tough time getting implemented. It's called the Volcker...

Seven Terms to Sound like a Bretton Woods Economist

Apr 11, 2011
Nearly sixty-seven years after an international conference in Bretton Woods, New Hampshire organized a new financial system, an unofficial...