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Gramm-Leach-Bliley Act
The 1999 Act promoted financial integration by repealing parts of the Glass-Steagall Act while giving the Fed new supervisory powers
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Great Depression
The worst downturn in US history lasted from 1929 to 1941
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Great Inflation
The defining macroeconomic period of the second half of the 20th century lasted from 1965 to 1982
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Great Moderation
This period of relative macroeconomic stability lasted from the mid-1980s to 2007
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Great Recession and its Aftermath
The deep, protracted downturn in 2007-09 was followed by an unusually slow recovery
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McFadden Act
The Fed’s success led to this legislation in 1927, which rechartered the Federal Reserve Banks in perpetuity among other items
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Monetary Control Act
The 1980 Act was one of the most important laws to affect the Fed in its 100-year history
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Near Failure of LTCM
A group of banks and brokerage firms prevented the collapse of this hedge fund in 1998
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Panic of 1907
The story of the crash that inspired monetary reform