Once he’s Fed chair, Kevin Warsh will either carry out Donald Trump’s wishes by slashing rates or resist the president’s demands and be vilified.

Former Federal Reserve Chairman Paul Volcker ’49 will head a newly created White House advisory board tasked with helping jumpstart the economy and stabilize financial markets, President-elect Barack ...

Investors are trading the nomination of Kevin Warsh for Federal Reserve Chair as if Paul Volcker himself just walked back into the Eccles Building. But is Warsh truly the inflation hawk his reputation ...

(Bloomberg) -- Around Columbus Day, 1979, Paul Volcker, newly installed as head of the Federal Reserve, embarked on the crusade that made him a legend: a no-holds-barred campaign to beat back ...

One of his big concerns was to change the expectations, and hence the actions, of people who believed prices would continue to rise rapidly. “We are dealing with an inflationary momentum, and patterns ...

At Barack Obama’s news conference this morning, he declared: “At this defining moment for our nation, the old ways of thinking and acting just won’t do. We are called to seek fresh thinking and bold ...

Paul Volcker, who helped shape U.S. economic policy for more than six decades, most notably by leading the Federal Reserve’s brute-force campaign to subdue inflation in the late 1970s and early ’80s, ...

The tributes to President Jimmy Carter give him maximum credit for appointing Paul Volcker chair of the Federal Reserve, in August 1979. The horrendous stagflation of the period—three straight years ...

Paul A. Volcker ’49, the former Chairman of the Federal Reserve, died last month at the age of 92. Volcker served under Presidents Jimmy Carter and Ronald Reagan, and led the effort to suppress ...

(Reuters) - Former Federal Reserve Chairman Paul Volcker warned the Trump administration’s handling of domestic issues as well as trade talks with China is hurting the United States’ long-term ...