Reaganomics vs. Bidenomics

Federal Reserve Chair Jerome Powell (R) speaks as President Joe Biden (L) listens during an announcement at the White House on Nov. 22, 2021. Alex Wong/Getty Images

News Analysis

The legacy of former Federal Reserve Chair Paul Volcker, a Ronald Reagan appointee, is frequently invoked by financial media outlets in light of today’s high inflation, which has reached levels not seen since these men occupied office.