Paul Volcker, who defeated runaway inflation as Fed chairman in the 1980s, establishing the importance of an independent central bank, has died
As Fed chair in 1980s, he faced down runaway inflation; later, his ‘Volcker Rule’ was controversial element of postcrisis regulation in Obama years
As banks step away from proprietary trading to comply with regulations, many have criticized the rules for drying up liquidity. Paul Volcker, who helped shaped many of these regulations, says the criticism hinges on the definition of liquidity.
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Former Fed chairman Paul Volcker dies at 92Paul Volcker, the former Federal Reserve chairman who had a second career pushing for reform on Wall Street, has died at 92, according to numerous reports....
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Paul A. Volcker, former Federal Reserve chairman, has diedPaul Volcker, the powerful Federal Reserve chairman whose grit and determination helped break the back of inflation in the early 1980s and put the American economy on a path to extended growth, has died. He was 92.
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