Who succeeded Paul Volcker as Fed Chairman?
Ben Bernanke
Janet Yellen
Alan Greenspan
Jerome Powell
Answer
Succeeding Paul Volcker, Alan Greenspan assumed the role of Federal Reserve Chairman, serving from 1987 to 2006. With a focus on price stability and economic growth, he adopted a pragmatic approach, lowering interest rates during economic downturns and addressing periods of high inflation.
Mastering the Volcker Legacy: The Ultimate Paul Volcker Quiz
More Questions
What major economic issue did Paul Volcker tackle during his tenure as chairman?
Under which President did Volcker serve as Chairman of the Federal Reserve?
What position did Volcker hold from 1975 to 1979?
Which president renominated Volcker as Fed chairman?
Why is Volcker's tenure as Chairman often referred to as the'Volcker shock'?
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