Calling the late Volcker “the greatest economic public servant of the era”, Powell responded

 Testifying before Congress earlier this month, Jay Powell was asked if the Federal Reserve was prepared to “do what it takes” to get inflation back under control — and if necessary, follow in the footsteps of his venerated predecessor, Paul Volcker, who regained price stability “at all costs”.

Calling the late Volcker “the greatest economic public servant of the era”, Powell responded: “I hope history will record that the answer to your question is yes.”

 FT 17 March 2022

https://www.ft.com/content/7eb5e233-a5a9-4eb7-beec-07a75425bd9e

Volcker was less austere and more pragmatic than his reputation

Greg Ip WSJ 9 December 2019

https://englundmacro.blogspot.com/2022/01/volcker-was-less-austere-and-more.html