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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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

In August 2022 at the Fed’s Jackson Hole symposium in Wyoming, Powell delivered an eight-minute speech invoking Paul Volcker and warned that driving inflation down could bring “pain.”

From The Wall Street Journal • May 14, 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

The 1982 rally came after what he calls a secular peak in inflation and a secular peak in interest rates under Federal Reserve Chair Paul Volcker.

From MarketWatch • Apr. 27, 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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