Hints and tips:
Related Special Reports
...* Please do get in touch if you are a financial celebrity, or represent one, and would like to get involved — especially if you can top Paul Volcker (RIP) signing printouts of the Volcker Rule....
...As a US Treasury official who worked with both Paul Volcker and his successor Alan Greenspan when they chaired the Federal Reserve during the 1980s, I am alarmed to hear the constant chorus of “data dependency...
...For example, this is why Paul Volcker (then at the Treasury) made “regular and predictable” the cornerstone of America’s bond issuance strategy when US deficits started to swell in the 1970s....
...Who in the early 1970s expected, following two entirely unexpected oil shocks and Paul Volcker’s appointment as Federal Reserve chair, that by end of the decade interest rates would surge to unprecedented...
...Thus it was with particular interest, and resonance, that I heard Paul Volcker speak at the Credit Suisse Macro Conference in 2015, where he said (and I paraphrase from notes I’d jotted on the occasion)...
...Sure, Paul Volcker arrived on the scene in 1979, but a 15 per cent nominal drawdown on 10yr USTs is hardly end of days stuff. And it was all over sharpish....
...Paul Volcker, appointed chair of the US Federal Reserve in 1979, changed the Fed’s operating procedures to make policy more restrictive....
...Paul Volcker became chair of the US Federal Reserve in 1979, appointed by the less-than-conservative President Jimmy Carter....
...Even the lauded Paul Volcker — who famously pushed interest rates up to 19 per cent in the early 1980s — ended up propelling US unemployment to its then highest since the Great Depression....
...The oil embargo that followed ultimately led to the unanchoring of US inflation and forced the Federal Reserve, under Paul Volcker, to crush the economy. Is that antecedent the right one?...
...Noting that the federal funds rate peaked at more than 17 per cent in April 1980, Mishkin suggests that Paul Volcker, the Fed chair, succumbed to political pressure and reversed course and reduced the federal...
...“Mergers and acquisitions started to pick up there thanks to Reaganomics” and inflation-busting policies pursued by then-US Federal Reserve chairman Paul Volcker, “which revived the stock market”, he said...
...Though it played a part in his re-election defeat, Carter’s appointment of Federal Reserve chair Paul Volcker — who pursued a contractionary monetary policy — helped end the ruinous stagflation plaguing...
...In 1979, then Fed chair Paul Volcker applied sky-high rates. Since then, advanced economies have precious little experience of managing serious inflation. The economics is ambiguous....
...Paul Samuelson wrote a famous essay after the second world war in which he considered a group of countries marked by strong natural resources and educated population....
...By Wednesday, the gap had expanded to a negative 107 basis points — an extreme pattern only seen once before, in 1980 — when Paul Volcker, then Fed chair, was unleashing shock therapy....
...Paul Volcker, the Fed chairman at the time, chose pragmatism, organising a rescue with the central bank and the Federal Deposit Insurance Corporation working together....
...writer is a former chair of the US Federal Deposit Insurance Corporation and a senior fellow at the Center for Financial Stability US Federal Reserve chair Jay Powell has expressed deep admiration for Paul...
...The writer is the Alfred Lerner Professor of Banking and Financial Institutions at Columbia Business School and is a former governor of the Federal Reserve Paul Volcker is considered to be a GOAT (greatest...
...Since the global financial crisis, this corner of the hedge fund industry has been among the main beneficiaries of the Volcker rule, which restricts banks from trading risky assets on their own account....
...Paul Volcker’s last name does not start with a K. However, the then chair of the US Federal Reserve is probably the largest contributor to Carter’s defeat....
...In the audience in Belgrade sat Paul Volcker, the new Fed chair, and the man now known for doing exactly what Burns felt he could only do in abstract: slaying inflation....
...Most forget that even former Fed chair Paul Volcker, who was practically canonised for his steely resolve against inflation, blinked when the going got tough....
...In short, will Fed chair Jay Powell prove as steely an inflation fighter as his predecessor Paul Volcker? ....
...This is the lesson from the disinflation from 1979 to 1983 under former Fed chair Paul Volcker. Starting in October 1979, the Fed raised the federal funds rate to 17 per cent in March 1980....
International Edition