Federal Reserve - AshokBhat/investing GitHub Wiki
About
- USA Central bank (1913-)
Assets over time
Quantitative easing and tapering
| QE | Timeframe | Type | Assets |
|---|---|---|---|
| QE1 | Jan 09 to Aug 10 | MBS | $2.3 trillion |
| QE2 | Nov 10 to Jun 11 | MBS and Treasury | $2.9 trillion |
| QE3 | Sep 12 to Oct 14 | MBS and Treasury | $4.5 trillion |
| Reduction | Oct 17 to | $3.7 trillion | |
| QE4 | Oct 19 to | $6.7 trillion and counting |
Balance sheet
- Historic balance sheet - https://thesoundingline.com/wp-content/uploads/2020/04/Balance-Sheet-of-the-Federal-Reserve-Total-Assets-1914-through-April-22nd-2020-1024x725.png
History
- Created on December 23, 1913
- After a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises
Chair
| Name | Duration |
|---|---|
| Paul Volcker | 1979-1987 |
| Alan Greenspan | 1987-2006 |
| Ben Bernanke | 2006-2014 |
| Janet Yellen | 2014-2018 |
| Jerome Powell | 2018- |
See also
- [Bank of England]] ](/AshokBhat/investing/wiki/[Bank-of-Japan) | [Bank of Russia]]