Paul Volcker: Full Recovery is Years Away

Wednesday, June 3, 2009 10:09 AM

By: Dan Weil and Julie Crawshaw

While many experts in and out of the administration focus on signs of green shoots in the economy, former Federal Reserve Chairman Paul Volcker says recovery will be a gradual process.

An external adviser to President Obama, Volcker is best known for slaying inflation as a Reagan-era Fed chief.

“A full recovery will be a matter of years,â€