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Explore the Federal Reserve's History

American newspaper headlines describing the stock market plunge of October 19, 1987

Crash of 1987

The Dow dropped 22.6 percent on Black Monday, October 19, 1987

Understand key economic events that impacted U.S. History.

Topic Time Period

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Alan Greenspan

Alan Greenspan

The day after the Crash of 1987, Greenspan affirmed the Fed stood ready as a source of liquidity for the financial system.

Learn about the people who helped shape the Federal Reserve.


The Fed's Functions

Federal Reserve Building

Did you know that the Fed's responsibilities include conducting monetary policy, supervising and regulating and providing services to financial institutions?

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Essays By Topic

Below are the essays by topic on the Federal Reserve History website.

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