predecessor successor birth_name birth_place president religion party office birth_date term_start spouse image article_title term_end name alma_mater
none -- founding appointee william miller alfred hayes jeffrey alan greenspan anthony solomon immelt -lrb- council on jobs and competitiveness -rrb- paul adolph volcker , jr. cape may , new jersey , u.s. barack obama jimmy carter ronald reagan lutheranism democratic party chairperson 12th chairman of the federal reserve 5th president of the of federal reserve bank of new york the president 's economic recovery advisory board 05 september 1927 february 1975 2009 august 6 , 1979 may 2 , barbara children -rrb- anke dening -lrb- 2010-present -rrb- bahnson -lrb- 1954-1998 ; her death ; 2 paulvolcker.jpg paul volcker
 january 1979 2011 august 11 , 1987 august 5 , paul volcker princeton university harvard university london school of economics
paul volcker

paul adolph volcker , jr. -lrb- born september 5 , 1927 -rrb- is an american economist .
he was chairman of the federal reserve under presidents jimmy carter and ronald reagan from august 1979 to august 1987 .
he is widely credited with ending 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 .
