Paul Volcker As chairman of the Federal Reserve Board during one of the most turbulent periods in U.S. monetary history, Paul Volcker (born 1927) helped lower double-digit inflation rates in the early 1980s and ushered in an era of financial deregulation and innovati... more
Volcker, Paul (born September 5, 1927, Cape May, New Jersey, U.S.) American economist and banker who, as chairman of the board of governors of the Federal Reserve System (1979–87), played a key role in stabilizing the American economy during the 1980s. Volcker g... more