Then-Fed Chair Paul Volcker smokes a cigar during a 1982 meeting in Washington. (Bettmann Archive/Getty Images) The Dow has logged its longest winning streak since January 1987.

In contrast with the now sober-seeming Reaganites, Trump has taken credit for the economy from day one.

The tributes to President Jimmy Carter give him maximum credit for appointing Paul Volcker chair of the Federal Reserve, in August 1979. The horrendous stagflation of the period—three straight ...

One that comes to mind is former Federal Reserve chairman Paul Volcker's sudden hike in interest rates in the early 1980s, which put the U.S. economy into a recession.

Then there’s the straightforward explanation for inflation, succinctly expressed by Milton Friedman: “too much money chasing ...

Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died ...

White House advisor Paul Volcker sounded hopeful Tuesday about the possibility of meaningful financial regulatory reform passing this year. “I do think we have the promising possibility of ...

His father, Paul Sr., was the oldest son of German immigrants and a city manager for Cape May, and later Teaneck, NJ. Volcker’s father exerted profound influence over his son’s career as a public ...

We are called to seek fresh thinking and bold new ideas.” So it was striking to see that the person standing next to him was 81-year-old Paul Volcker, a figure from the Carter and Reagan eras.

This regulation is named after former Federal Reserve Chairman Paul Volcker, a proponent of the proposal. It is designed to prevent banks from investing in certain high-risk securities. The ABS ...