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1931-33 Banking Panics
Earlier regional banking panics turned into a nationwide financial crisis in fall 1931
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Bank Holiday
For an entire week in March 1933, all banking transactions were suspended
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Crash of 1929
On October 28, 1929, the Dow declined nearly 13 percent
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Emergency Banking Act
The 1933 law was aimed at restoring public confidence in the nation’s financial system
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Fed’s Formative Years
The Fed came into its own in the two decades following the signing of the Federal Reserve Act
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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
Displaying 1-9
of 10 results.