Fed in Print might experience downtime on Thursday, May 22, due to scheduled maintenance. We apologize for any inconvenience.

Working Paper

Money, Banking, and Monetary Policy from the Formation of the Federal Reserve until Today


Abstract: The United States Congress created the Federal Reserve System in 1913. The System consists of the Federal Reserve Board in Washington, D.C.; 12 Federal Reserve Banks; and thousands of member commercial banks. This entry describes the evolution of the System and of monetary policy from its foundation through 2013.

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Working Paper

Publication Date: 2016-01-15

Number: 16-1

Pages: 25 pages