Paul Volcker
Paul Volcker was an influential American economist and the Chairman of the Federal Reserve from 1979 to 1987. Known for his tough stance on inflation, Volcker implemented high interest rates that eventually brought down the rampant inflation of the late 1970s and early 1980s, albeit at the cost of a recession. His policies are credited with laying the groundwork for two decades of economic expansion and stability, making him a revered figure in central banking history.
Born on Sep 05, 1927 (98 years old)
Global Media Ratings
Countries Mentioned
| Country | Mentions | Sentiment | Dominance | + Persistence | x Population | = Reach | x GDP (millions) | = Power |
|---|---|---|---|---|---|---|---|---|
| Switzerland | 1 | 7.00 | 0.09% | +0% | 8,654,622 | 7,700 | $700,000 | 623$ |
| Totals | 1 | 8,654,622 | 7,700 | $700,000 | 623$ |
Interactive World Map
Each country's color is based on "Mentions" from the table above.
Recent Mentions
Switzerland:
Paul Volcker is noted for successfully combating inflation in the late 1970s and early 1980s.
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Hong Kong:
Paul Volcker's decision to raise interest rates in the late 1970s stabilized the U.S. economy after high inflation.
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Argentina:
Paul Volcker was the Chairman of the Federal Reserve and played a key role in negotiations with Argentina.
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Italy:
Paul Volcker was the chairman of the Federal Reserve during the time of the Plaza Accord.
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Switzerland:
Paul Volcker is referenced as a former Fed chair known for his strict monetary policies.
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Italy:
Paul Volcker defended the independence of the Federal Reserve and took measures to combat inflation.
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United Kingdom:
Paul Volcker was appointed chair of the Fed in 1979 and pushed the Fed’s short-term rate to nearly 20%.
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Canada:
Inflation exploded during the rest of the seventies, forcing the later-Fed chair Paul Volcker to hike rates in the early eighties.
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Canada:
When Paul Volcker assumed leadership at the U.S. Federal Reserve in 1979, he arrived unbeholden to senators or lobbying interests.
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Spain:
Paul Volcker's monetary policy during Reagan's presidency appreciated the dollar significantly.
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