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In a widely anticipated speech, Chairman Jerome Powell decided to be blunt. He scrapped his original address, according to two people who spoke to him, and instead delivered unusually brief ...
Since securing his confirmation to a second term as Fed chairman from the Democratic-controlled Senate, Jerome Powell has rebuffed ... to his great idol, Paul Volcker. Over at Bloomberg, economic ...
Federal Reserve Chairman Jerome Powell (right) is a big fan of the late Paul Volcker, the Fed chairman who ruthlessly crushed inflation in the early 1980s. Economists increasingly fear the Fed is ...
“Despite Jerome Powell repeatedly putting on the Paul Volcker mantle, he is not Paul Volcker,” said Komal Sri-Kumar, the president of his own macroeconomic consulting firm, explaining that he ...
Poor Jerome Powell. With US inflation close to a 40-year high, the Federal Reserve chair knows what he needs to do. He has professed great admiration for Paul Volcker, his 1980s-era predecessor ...
Paul Volcker is lionized for wrestling down inflation when he led the Federal Reserve between 1979 and 1987. He also was reviled at the time because his accomplishment came at a terrible cost for ...
Specifically, investors will scrutinize Fed chair Jerome Powell for any ... At the time, Powell invoked former Fed Chair Paul Volcker, who hiked rates massively in the late 1970s to contain ...
U.S. Federal Reserve Chair Jerome Powell faces a crucial choice as the central bank battles the worst bout of inflation since the 1970s: What kind of chair will he be? A Paul Volcker, who took ...
comparing Chairman Jerome Powell with the late Paul Volcker, who was credited with taming runaway inflation in the late 1970s and early 1980s. "He and Jay Powell couldn't seem more different in ...
To close out the highest year of inflation since the Paul Volcker era, Federal Reserve Chairman Jerome Powell gave Wall Street an inch, only to take a mile. Finally proving himself worthy of ...
A half-percentage point interest rate hike is officially on the table, Federal Reserve Chairman Jerome Powell ... Earlier Thursday, Powell called former Fed boss Paul Volcker, who battled high ...