WASHINGTON, Dec 11- The U.S. In its final policy meeting of a tumultuous year, when it was spurred to cut interest rates three times to forestall a slowdown fueled largely by President Donald Trump's trade war, the U.S. central bank struck a remarkably sanguine tone, confident the actions it had taken so far are working. "Our economic outlook remains a favorable one,...
WASHINGTON, Dec 9- Paul Volcker, the towering former Federal Reserve chairman who tamed U.S. inflation in the 1980 s and decades later inspired tough Wall Street reforms in the wake of the global financial crisis, died on Monday at the age of 92.. Here are some of his quotes over the years:. ON MEETING WITH BANKS RESISTING REFORMS FOLLOWING THE 2008 FINANCIAL CRISIS.
Paul Volcker will be remembered as the Fed chairman who beat inflation as it galloped at nearly 15% during the final year of Jimmy Carter's presidency.
As Fed chief under Presidents Carter and Reagan, Paul Volcker helped tame inflation, but with 20% interest rates that also crunched the economy.
The Dow is set to bounce; China labeled a "currency manipulator"; mortgage rates hit November 2016 lows, ex-Fed chiefs call for independent central bank; and Apple invites first customers to its credit card.
The four living former chairs of the Federal Reserve called for the U.S. central bank to remain free to work independently and without fear of political reprisals.
Mike Mayo, Wells Fargo Securities banking analyst, joins 'Fast Money Halftime Report' to discuss takeaways from his interview with former Fed chairman Paul Volcker. Volcker said there are increasing concerns about the culture of financial systems.
Former Fed Chair Paul Volcker steps up his criticism of banks, saying "the only thing that matters is how much profit the firm (and you) make."
The revelation of communication between Wall Street donors and possible Democratic candidates threatens to exacerbate tension between liberal and moderate Democratic voters.
Former Fed Chair Paul Volcker says there's a basic lack of respect for government institutions and described Washington as a 'swamp' run by plutocrats, in an interview with The New York Times' and Squawk Box co-anchor Andrew Ross Sorkin.
Former Federal Reserve Chairman Paul Volcker, who has reached legend status in the world of central banking, isn't optimistic about current conditions.
A legal loophole allows major banks to avoid telling American authorities about certain trading in financial instruments known as derivatives.
With changes to the Volcker Rule, odds rise that Wall Street traders can make a killing – or be killed — trading in markets.
There's pretty clear evidence that the path of rates has had a near-perfect correlation with the physical stature of the Fed chair.
The White House says its proposed budget and policies would boost growth to levels not seen in decades. The CBO remains unconvinced.
President Trump thinks the country is "a mess." But it's not showing up in much of the latest economic data.
The national debt would surge under a Donald Trump presidency, though not as much as originally thought, according to a new analysis.
CNBC's Steve Liesman provides highlights from Thursday night's event where Fed Chair Janet Yellen was joined by predecessors Ben Bernanke, Alan Greenspan and Paul Volcker. Yellen said the Fed remains in gradual hiking mode and the U.S. is not a bubble economy.
Federal Reserve Chair Janet Yellen touted the strength of the United States economy and said she did not regret the December rate hike.
April is one of the market's best months. But a poor earnings season and March's heady gains could cause lackluster returns.