Paul Adolph Volcker Jr. (; September 5, 1927 – December 8, 2019) was an American economist. He was Chairman of the Federal Reserve under U.S. presidents Jimmy Carter and Ronald Reagan from August 1979 to August 1987. He is widely credited with having ended the high levels of inflation seen in the United States during the 1970s and early 1980s. He was the chairman of the Economic Recovery Advisory Board under President Barack Obama from February 2009 until January 2011.
He is also known as Paul A. Volcker, Paul Adolph Volcker, Paul Adolph Volcker, Jr. and Paul Adolph Volcker、Jr..
Volcker died in New York City on December 8, 2019, at age 92. He had reportedly been treated for prostate cancer since being diagnosed the year prior.