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Bookmark or Share- Paul Volcker - WikipediaPaul Adolph Volcker Jr. (September 5, 1927 – December 8, 2019) was an American economist who served as the 12th chairman of the Federal Reserve from 1979 to 1987.
- Volcker Rule: Definition, Purpose, How It Works, and CriticismThe Volcker Rule prohibits banks from using their own accounts for short-term proprietary trading of securities, derivatives, and commodity futures, as well as options on any of these instruments.
- Volcker Rule: What It Means, How It Works - InvestopediaLearn about how the Volcker rule prohibits banks from engaging in certain activities, such as proprietary trading and having ownership interests in hedge funds.
- Volcker Rule - WikipediaThe Volcker Rule is section 619 [1] of the Dodd–Frank Wall Street Reform and Consumer Protection Act (12 U.S.C. § 1851). The rule was originally proposed by American economist and former United States Federal Reserve Chairman Paul Volcker in 2010 to restrict United States banks from making certain kinds of speculative investments that do not ...
- Inflation is soaring. How did Paul Volcker’s Federal Reserve tackle it ...Volcker got inflation under control through the economic equivalent of chemotherapy: He engineered two massive, but brief, recessions, to slash spending and force inflation down.
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