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.
The Federal Reserve’s Community Development function promotes economic growth and financial stability for low- and moderate-income communities.
Great Recession and After
The deep, protracted downturn in 2007-09 was followed by an unusually slow recovery
Community Reinvestment Act
The Federal Reserve and other federal banking agencies have implemented the CRA since its passage in 1977
The defining macroeconomic period of the second half of the 20th century lasted from 1965 to 1982