An applied Friedmanite, Volcker understood that excess growth of the money supply was the root cause of this ...
“I don’t think you can escape that.” These were the words of Federal Reserve Chairman Paul Volcker as he testified before Congress in October 1979. Inflation was 13%. Volcker’s ...
President Jimmy Carter appointed Paul Volcker as chairman of the Federal Reserve in 1979 specifically to address the soaring inflation rates of the late 1970s. This action contributed to ...
The bond market is revealing a divergence between sovereign debt challenges and corporate financial stability, presenting a ...
The Federal Reserve declared victory over price inflation over the summer when it began rolling back its balance sheet ...
Readers protest the abrupt seizure and threats to some of the nation’s most essential agencies. Also: Praise for federal ...
Although the axe is being wielded across U.S. regulatory agencies, experts stress that a strong system is a safe one.
The biggie, if conditions were normal, would be the jobs reports this week, including JOLTs today and the ADP private sector ...
President Donald Trump’s mission to slash federal spending has taken an odd turn as he revealed that the Treasury has been ...
The basic truths of investing remain unchanged. Also unchanged is the core importance of committed, dedicated workers.
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President Carter set uniquely American example for democracy, decency | Cumberland CommentMore importantly, inflation expectations had also risen markedly. When Carter appointed Paul Volcker as head of the Federal Reserve Board (Volcker had been president of the New York Federal ...
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