Federal Reserve
central banking system of the United States
6 dated entries naming Federal Reserve, drawn from 6 separate years between 1913 CE and 2023 CE. Nothing here is written by us: each line is the sentence a Wikipedia year article used, and the link beside it opens the exact revision.
Also written as Federal Reserve System in the source articles; Wikipedia redirects those to the same subject, so their entries are on this page.
JSONWikipedia articleWikidata Q53536
20th century
- 1913December 23 – The Federal Reserve System is created as the central banking system of the United States, by Woodrow Wilson's signature of the Federal Reserve Act.source
- 1979October 6 – Federal Reserve System changes from an interest rate target policy to a money supply target policy.source
- 1998September 25–28 – Major creditors of Long-Term Capital Management, a Greenwich, Connecticut-based hedge fund, after days of tough bargaining and some informal mediation by Federal Reserve officials, agree on terms of a re-capitalization to avoid a wider collapse in financial markets.source
21st century
- 2008September 15 – 2008 financial crisis: Stocks fall sharply Monday on a triptych of Wall Street woe: Lehman Brothers' bankruptcy filing, Merrill Lynch's acquisition by Bank of America, and AIG's unprecedented request for short-term financing from the Federal Reserve.source
- 2020March 16 – The DJIA falls by 2,997.10, the single largest point drop in history and the second-largest percentage drop ever at 12.93%, an even greater crash than Black Monday (1929). This follows the U.S. Federal Reserve announcing that it will cut its target interest rate to 0–0.25%.source
- 2023February 2 – The European Central Bank and Bank of England raise their interest rates by 0.5 percentage points to combat inflation, one day after the US Federal Reserve raises its federal funds rate by 0.25 percentage points.source