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Federal Reserve

Federal Reserve

The US central bank, founded in 1913; in 2008 it rescued Bear Stearns and AIG and cut its main rate to near zero.

Organization

1913 –

Identifiers
Wikidata Q53536

Sources

Appears in13 items

  • Bubbles and Crashes1 item
    • “Irrational exuberance”5 Dec 1996
  • The 2008 Financial Crisis11 items
    • “We’ve never had a decline in house prices on a nationwide basis”1 Jul 2005
    • The Fed’s seventeenth straight rate rise29 Jun 2006
    • The Fed’s emergency cut22 Jan 2008
    • “We don’t see any pressure on our liquidity”12 Mar 2008
    • The Fed lends to Bear through JPMorgan14 Mar 2008
    • The Bear price goes to ten dollars24 Mar 2008
    • The Fed rescues AIG17 Sep 2008, 01:00
    • Goldman Sachs and Morgan Stanley become banks21 Sep 2008
    • Six central banks cut rates together8 Oct 2008
    • The Fed starts buying mortgage bonds25 Nov 2008
    • Interest rates go to zero16 Dec 2008
  • The US Presidency1 item
    • Woodrow Wilson, first term4 Mar 1913

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