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Peter Gratton, M.A.P.P., Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at ...
Previously, she was the editor of Bloomberg Markets magazine. Two episodes from Paul Volcker’s long career in public service stand out as lessons for the Trump administration today. In 1971 ...
That was when Paul Volcker, appointed as Chairman of the US Federal Reserve under President Jimmy Carter in August 1979, entered the scene. Volcker substantially tightened the US central bank’s ...
If there’s political interference in the Fed doing its job, Volcker-type moments are massively more difficult.” He was referring to former Fed Chair Paul Volcker, who repeatedly raised rates ...
Then back in 1982 — when the US stock gauge ended that year up 15% — the Paul Volcker-led Fed continued its rate reductions from 1981. Skeptical Street Today, even as stocks stage a recovery, Wall ...
Paul Heideman I’m skeptical. We’re thinking about a massive reorientation of the American political economy. It’s helpful to think back to something like the Volcker shock, when the Federal Reserve ...
The analogy I think is really interesting to look back to is what Ronald Reagan and Paul Volcker did in the 1980s where, I think, there was very clear communication of what the problem was that ...
In 1981, it was a time when Paul Volcker, the chair of the Federal Reserve System (Fed), raised the benchmark interest rate to as much as 20% to control inflation. The current situation is ...
That’s when Paul Volcker picked inflation and slammed rates so high it triggered a recession. This time, Jerome Powell is boxed in. He missed inflation in 2021, calling it “transitory.” That same word ...
A US academic is facing jail for insulting Thailand’s monarchy. Paul Chambers, an American scholar, has been detained under the Kingdom’s strict lese-majeste law. Chambers was earlier denied by bail ...
Paul Waylen was found dead at his Cowes home just before 10:30am after police were called to the property to conduct a welfare check. Homicide detectives cordoned off the expansive fenced property ...
It is with profound sadness that we announce the passing of “Andy” Paul Andrew Lock, who left this world unexpectedly on April 3, 2025, at the age of 57. Born on September 16, 1967, in Carrollton, MO, ...