Article 4WABF Paul Volcker, US Fed chief under Carter and Reagan, dies at 92

Paul Volcker, US Fed chief under Carter and Reagan, dies at 92

by
Phillip Inman
from on (#4WABF)

Central bank boss went on to lead response to 2008 financial crisis under President Obama

Paul Volcker, the former US central bank chief renowned for taming rampant inflation after the oil price rises of the 1970s, has died aged 92.

Volcker's daughter Janice Zima said the former head of the Federal Reserve died at his home in New York on Sunday.

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