13 déc. 1913 - Federal Reserve Act
Description:
Banks required to keep a reserve of deposits to insulate from unanticipated losses. Om addition, the system governed by a board that would set the rates that banks have to give to the reserves. This gave the board the power to stimulate the economy during depression by lowering interest rates.Ajouté au bande de temps:
Date:
13 déc. 1913
Maintenaint
~ Il y a 110 ans
