Former Fed Chairman Volcker Says U.S. Undergoing Political and Economic “Shakeup”

Delivering remarks at a luncheon organized by the International Economic Forum of the Americas, Former Fed Chairman Paul Volcker said he believed that the United States was undergoing a difficult but necessary political and economic shakeup.

The U.S. economy is undergoing a "prolonged period of adjustment", Volcker said, adding that this was not...

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