The Federal Reserve

The Federal Reserve

Streaming Video - 2012
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The Federal Reserve was originally created in 1913 as an emergency lender to banks- a sort of bank of last resort. The Banking Act of 1935 and the Fed Accord of 1951 broadened the powers of the Fed, widening the range of options and tools it could use to manage the economy. Up to about 2010, the Fed did fairly well. But the housing bubble and Great Recession provided it with new and substantial challenges. These stories showcase the Fed's capabilities while exploring how responsibilities and challenges have expanded over the years.
Publisher: ©2012
New York, N.Y. :, Distributed by Films Media Group,, 2016
[Place of publication not identified] :, Annenberg Learner (Firm),, [2012]
Edition: 21st Century Edition
Copyright Date: ©2012
Characteristics: 1 online resource (1 video file (28 min., 35 sec.)) :,color and sound
video file, rda

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