Election 2024How We SurviveOffice PoliticsI've Always Wondered ...My Economy

Loading...

0:00
0% played
Stories Tagged as

Paul Volcker

How the Federal Reserve's inflation fight today compares with the '70s and '80s

by Sabri Ben-Achour , Nancy Marshall-Genzer and Ariana Rosas
Jun 12, 2024
Decades ago, the Fed was battling double-digit inflation, and Chair Paul Volcker took aggressive action that drove interest rates way up.
As Fed chair, Paul Volcker aggressively fought raging inflation, driving interest rates far higher than they are today. Above, Volcker in 2005.
Mario Tama/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

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

by Amy Scott
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.
Win McNamee/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE

Former Federal Reserve Chairman Paul Volcker has died at 92

by Associated Press
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.
Mario Tama/Getty Images
Share Now on:
SHARE
The Federal Reserve

Advice from the chairs: How to succeed at the Fed

by Jana Kasperkevic
Nov 2, 2017
Words of wisdom from former chairs of the Federal Reserve.
Former and current Federal Reserve Board Chairs, Ben Bernanke (L) and Janet Yellen (R).
Alex Wong/Getty Images
Share Now on:
SHARE
Final Note

An economic turkey throwdown

by Lizzie O'Leary
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.
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Marketplace Whiteboard®

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

by Kai Ryssdal
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.
Alex Wong/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Commentary

Three steps to boost investor confidence

by Chris Farrell
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.
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

For public good, not for profit.

Donate

Volcker Rule aims for fewer risks in the market

by Heidi Moore
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.
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Economy 4.0

Why mere mortals should know the name 'Volcker'

by David Brancaccio
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.
Share Now on:
SHARE
Economy 4.0

The Problems with the Volcker Rule

by Stan Alcorn
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...
Share Now on:
SHARE