Brief History and Origin of the United States Central Bank - Federal Reserve System

Brief History and Origin of the United States Central Bank – Federal Reserve System

The Federal Reserve System, often referred to as the Fed, was established on December 23, 1913, as a response to a series of financial panics, most notably the panic of 1907. The Federal Reserve Act, signed into law by President Woodrow Wilson, aimed to create a more stable and flexible monetary and financial system. The […]

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