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The Federal Reserve's History

Stylized text block reading The Federal Reserve System

Begin learning about the Federal Reserve's history in this overview essay

Featured Essay

The Federal Reserve began operating an ACH electronic payment system in the 1970s

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Featured Essay

The Federal Reserve began operating an ACH electronic payment system in the 1970s

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History and Policy

 Learn about the history behind Federal Reserve policy efforts.

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What's New

A new essay describes money market mutual funds and their importance in short-term markets (2025-12-12)

New: An essay exploring the payment of interest on reserves held with Federal Reserve Banks (2025-12-12)

Our newest essay explores interest rate controls, also known as Regulation Q (2025-11-19)

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Federal Reserve History
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