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Volcker

American  
[vohl-ker] / ˈvoʊl kər /

noun

  1. Paul Adolph, 1927–2019, U.S. economist: Federal Reserve Board chairman 1979–87.


Example Sentences

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When Volcker — who served so long ago that smoking was still allowed in the hearing room — didn’t like a line of questioning, he would disappear behind a large cloud of cigar smoke.

From MarketWatch Jul. 11, 2026

His predecessor, Paul Volcker, had slain double-digit inflation.

From The Wall Street Journal Jun. 22, 2026

When then-Fed Chair Paul Volcker had to sharply raise rates in the 1980s to get inflation under control, it triggered a severe recession.

From Barron's Jun. 2, 2026

The problem was finally resolved after Federal Reserve chair Paul Volcker threw the country into a brutal recession by raising interest rates to over 20% by mid-1981, causing nearly 11% unemployment.

From Salon May 7, 2026

This small group was occasionally joined by Secretary of State George Shultz and on some rare occasions by Federal Reserve Chairman Paul Volcker.

From Definition & Reality in the General Theory of Political Economy by Colignatus, Thomas

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