Paul Volcker (1927–2019)

This section pays tribute to the contributions of the late Paul Volcker, Federal Reserve chairman who went to war with inflation and acted as an inspiration to a generation of central bankers. Below is an obituary written by Daniel Hinge, who details the former Federal Reserve chairman’s contributions to central banking.

The hub includes recent and archived editorial contributions recording the life and times of one of the greatest central bankers of the modern era, covering his tenure at the Federal Reserve, his work on banking reform during the Obama administration and more recently on his formation of the Volcker Alliance. It also includes a review of Volcker’s recent memoir, providing insights into the key lessons learned during his decades of public service. 

Other highlights include: Central Banking Publications founder Robert Pringle’s 1999 interview with the economist and his follow-up Lifetime Achievement Award interview in 2014. 

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Paul Volcker, 1927–2019

The Fed chair made his name battling inflation, and left his mark on independence and post-crisis financial regulations

Extend Fed's regulatory power: Volcker

The Federal Reserve's role as a financial regulator must be expanded given its recent assistance to Bear Stearns and other investment banks, Paul Volcker, a former chairman of the Fed, said.

Ex-Fed's Volcker backs global currency

Paul Volcker, a former Federal Reserve chairman, on Thursday argued that the "ultimate logic" of an international financial system was a world currency, but acknowledged that there were no credible alternatives to the dollar for "many tomorrows".

China needs more Volcker and less Greenspan

According to this article published Monday 1 May, China's recent increase in interest rates may have the opposite effect to what was intended. The move may boost the economy, instead of slowing it, it says.

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