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11. Sept. 2023 · Paul Adolph Volcker (* 5. September 1927 in Cape May , New Jersey ; † 8. Dezember 2019 in New York City , New York ) war von August 1979 bis August 1987 Vorsitzender (Chairman) des Federal Reserve System der Vereinigten Staaten von Amerika , nachdem er von 1975 an bereits der Federal Reserve Bank of New York vorgestanden hatte.
Vor 3 Tagen · Paul Adolph Volcker Jr. (September 5, 1927 – December 8, 2019) was an American economist who served as the 12th chairman of the Federal Reserve from 1979 to 1987. During his tenure as chairman, Volcker was widely credited with having ended the high levels of inflation seen in the United States throughout the 1970s and early 1980s. [3]
1. Sept. 2023 · Paul Volcker, in full Paul Adolph Volcker, (born September 5, 1927, Cape May, New Jersey, U.S.—died December 8, 2019, New York City, New York), American economist and banker who, as chairman of the board of governors of the U.S. Federal Reserve System (1979–87), played a key role in stabilizing the American economy during the 1980s.
- The Editors of Encyclopaedia Britannica
30. Okt. 2021 · Paul Volcker was Chair of the Federal Reserve from 1979 to 1987. In 1980, the Volcker Shock raised the fed funds rate to its highest point in history to end double-digit inflation. In 2015, the Volcker Rule prohibited banks from using customer deposits to trade for their profit.
- Kimberly Amadeo
Vor 19 Stunden · Presidency of Ronald Reagan. Ronald Reagan 's tenure as the 40th president of the United States began with his first inauguration on January 20, 1981, and ended on January 20, 1989. Reagan, a Republican from California, took office following a landslide victory over Democratic incumbent President Jimmy Carter in the 1980 presidential election.
22. Sept. 2023 · Inflation later roared back, forcing the hand of Paul Volcker, who took over at the Fed in 1979, Richardson said. Volcker brought double-digit inflation to heel — but only by raising borrowing costs high enough to trigger back-to-back recessions in the early 1980s that at one point pushed unemployment above 10%.
