Ebook: US Federal Reserve

Learn about the US Federal Reserve with iMinds insightful knowledge series.

The US Federal Reserve is stirring more excitement these days than is probably recommended for a central bank just shy of its 100th birthday.

The Fed, tasked with fostering economic growth and price stability in the US, was ratified by President Woodrow Wilson in 1913. It followed two failed attempts, and two hundred years of boom and bust in what was to rapidly become the world's leading economy. The Fed's own lifetime has been scarcely less eventful. And today it tackles the gravest in a long line of crises that, for better and worse, have helped shape the US financial environment.

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