Home | Federal Reserve History
The Federal Reserve System (“Fed”) is the central bank of the United States. This website serves as a gateway to the history of the Federal Reserve for educators, students, and the general public. The site's purpose is to help demystify the Fed and its role in the economy and to explain how the Fed and its mission have evolved.
Overview: The History of the Federal Reserve
The Federal Reserve System (“Fed”) is the central bank of the United States. This website serves as a gateway to the history of the Federal Reserve for educators, students, and the general public. The Fed has a complex structure and mission.
Federal Reserve History | Federal Reserve History
Explore the Federal Reserve's history. The Federal Reserve System is the central bank of the United States. Founded by an act of Congress in 1913, the Federal Reserve’s primary purpose was to enhance the stability of the American banking system.
About Federal Reserve History
Federal Reserve History was originally created as part of the commemoration of the Federal Reserve centennial in 2013-2014. The project was an effort to make the vast amount of historical material on the Fed more findable, easier to understand, and easier to use, in order to provide greater transparency into change and continuity in our nation ...
Topic: About the Fed - Federal Reserve History
The Federal Reserve System was established in 1913 in reaction to a history of financial instability and other economic challenges. Monetary Policy The Federal Reserve sets U.S. monetary policy to promote maximum employment and stable prices in the U.S. economy.
The Fed in Wartime - Federal Reserve History
Federal Reserve History Overview. Great Recession and After (2007–) Great Moderation (1982–2007) Great Inflation (1965–1982) After the Accord (1951–1965) WWII and After (1941–1951) Great Depression (1929–1941) Fed’s Formative Years (1913–1929) Before the Fed (1791–1913) List all essays ...
Fed’s Formative Years - Federal Reserve History
Federal Reserve History Overview. Great Recession and After (2007–) Great Moderation (1982–2007) Great Inflation (1965–1982) After the Accord (1951–1965) WWII and After (1941–1951) Great Depression (1929–1941) Fed’s Formative Years (1913–1929) Before the Fed (1791–1913) List all essays ...
Time Period: Before the Fed | Federal Reserve History
Federal Reserve History Overview. Great Recession and After (2007–) Great Moderation (1982–2007) Great Inflation (1965–1982) After the Accord (1951–1965) WWII and After (1941–1951) Great Depression (1929–1941) Fed’s Formative Years (1913–1929) Before the Fed (1791–1913) List all essays ...
Home Ownership and Equity Protection Act of 1994 - Federal …
Feb 6, 2024 · Explore the Federal Reserve's history. Congress passed the Home Ownership and Equity Protection Act (HOEPA) in 1994 to curb unfair, deceptive, or abusive practices in residential mortgage refinancing and home improvement loans. The Act required additional disclosures, prohibited certain risky loan terms, and established rule-writing power for …
Redlining - Federal Reserve History
Explore the Federal Reserve's history. Endnotes. 1 In enforcing fair lending laws, the Federal Reserve Board defines redlining as "a form of illegal disparate treatment whereby a lender provides unequal access to credit, or unequal terms of credit, because of the race, color, national origin, or other prohibited characteristic(s) of the residents of the …