Paul Volcker
Ex-Fed's Volcker demands regulatory overhaul
Paul Volcker, a former chairman of the Federal Reserve, has urged regulators to enhance supervision on both a national and international level in the aftermath of the global turmoil.
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.
Banks must be scolded, not helped, by the Fed
Monetary and regulatory policy should be about reinforcing solid conduct in financial markets and punishing bad behaviour. But the recent rate cut from the Fed does little of the sort, says Avinash Persaud, the chairman of Intelligence Capital, a…
Tony Solomon, former NY Fed president, dies
Anthony M. Solomon, a former president of the Federal Reserve Bank of New York, died last Friday, at the age of 88.
The Fed in the international central banking community
The Volcker Fed provided the lead for an international consensus in favour of low and stable inflation. But the institutional arrangement for exchange rate policy remains the Achilles heel of the current consensus, argues Marvin Goodfriend.
Volcker critical of World Bank integrity unit
Paul Volcker, a former chairman of the Federal Reserve, has lambasted the World Bank's governance and anti-corruption strategy.
Former Fed No 2, Preston Martin, dies
Preston Martin, the former deputy chairman of the Federal Reserve died last week, aged 83.
Greenspan vs. Bernanke: Hold your bets
According to this article, published by BusinessWeek on Thursday 1 March, Alan Greenspan's recent outspokenness is unusual for a former head of the Federal Reserve.
Volcker says surging inflation in India worrying
India's surging inflation was a matter of concern but the Reserve Bank's monetary response to the issue was on track, renowned economist Paul Volcker said on Sunday 18 February.
Why prevention is better than cure
Does delay in closing a bank make a crisis worse? Not necessarily so, says Charles Goodhart, who examines the case for and against with reference to recent financial crises and near-crises
Rubin, Volcker see shift away from dollar
Robert E. Rubin, Treasury secretary under President Bill Clinton, and former Federal Reserve chairman Paul Volcker have questioned whether foreign investors will keep increasing dollar holdings.
'The Region' from the Minneapolis Fed, Sep 06
The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for September 2006. The latest edition carries an interview with Harvard professor Martin Feldstein in which he comments on the current course of monetary policy and…
Ex-Fed chief Volcker sees inflation creep risks
Former Federal Reserve chairman Paul Volcker said Monday 25 September that he is worried both about inflation and pressure on the U.S. central bank to not do anything about it.
Volcker says Bernanke faces tougher time than him
In an interview with Bloomberg television, former Federal Reserve chairman Paul Volcker said Ben Bernanke faces an even tougher challenge than he did as leader of the Fed.
More Greenspan, less Volcker, needed in Japan
This article published Wednesday 12 July by Bloomberg says that the Bank of Japan may engineer its first interest rate increase since August 2000 on Friday.
Former Fed chair Volcker faults US policy
Former chairman of the Federal Reserve Paul Volcker has said US policy abroad is too abrasive.
Comment: May in Review
Inflation concerns and financial markets volatility returned in the month of May - central bankers around the world, in both the developed and developing world, are suddenly confronted with a very different environment.
Comment: Safe hands for Fed No. 2 spot
US president George W. Bush opted for a safe pair of hands in the form of Donald Kohn to replace Roger Ferguson as No. 2 at the Fed. Kohn, a 36-year Fed veteran, will be both a countervailing and supplementary force to the more studious Ben Bernanke.
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.
Former Fed chairman G. William Miller dies
G. William Miller, a former Federal Reserve chairman, has died aged 81.
Former Fed governors expect change
According to the article "As Bernanke era begins, former Fed governors expect change" published Wednesday 11 January, Ben Bernanke will arrive at the Fed without the clout either of his predecessors carried on Wall Street or in Washington. Only time will…
Dallas Fed's Fisher on globalization & govt policy
In the speech 'Globalization and government policy' given on 2 December Richard Fisher of the Federal Reserve Bank of Dallas said the Fed must not accommodate growing federal budget deficits by compromising monetary policy, and it must continue to fight…
Fed schedule suggests Greenspan January exit
The Federal Reserve has shortened its planned two-day monetary policy meeting for 31 Jan - 1 Fed down to one day, suggesting Alan Greenspan will leave the Fed then.
New spokesman for the New York Fed
Peter Bakstansky has been the spokesman for the New York Fed for so long - 30 years, to be precise - that his impending retirement will be hard to get accustomed to, at least for any journalist.