Wall Street hasn’t been this jumpy about a recession since the Volcker era

Wall Street hasn’t been this jumpy about a recession since the Volcker era

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A telltale recession signal on Wall Street hasn’t been this jumpy since the Volcker era some 40 years ago. Paul Volcker, chairman of the Federal Reserve from 1979 to 1987, relied on interest-rate hikes four decades ago to tame high inflation, a similar challenge faced by today’s Fed Chair Jerome…

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