The Federal Reserve advances supervision, community reinvestment, and research to improve understanding of the impacts of financial services policies and practices on consumers and communities.
Community Development
The Federal Reserve’s Community Development function promotes economic growth and financial stability for low- and moderate-income communities.
Dodd-Frank Act
This wide-ranging legislation was signed by President Obama in 2010
Great Recession and After
The deep, protracted downturn in 2007-09 was followed by an unusually slow recovery
Great Moderation
This period of relative macroeconomic stability lasted from the mid-1980s to 2007
Community Reinvestment Act
The Federal Reserve and other federal banking agencies have implemented the CRA since its passage in 1977
![Close-up of a "Whip Inflation Now" [WIN] button, President Ford's symbol of the fight against inflation.](/-/media/images/great_inflation_1_720x450.jpg)
Great Inflation
The defining macroeconomic period of the second half of the 20th century lasted from 1965 to 1982
Employment Act
President Truman signed the Act in 1946 in the aftermath of WWII
