People by Time Period
The deep, protracted downturn in 2007-09 was followed by an unusually slow recovery
This period of relative macroeconomic stability lasted from the mid-1980s to 2007
The defining macroeconomic period of the second half of the 20th century lasted from 1965 to 1982
The Fed used its newly gained independence to create a new kind of monetary regime
The Fed pegged interest rates at a low level during WWII and enforced the peg after the war ended
The worst downturn in U.S. history lasted from 1929 to 1941
The Fed came into its own in the two decades following the signing of the Federal Reserve Act in 1913
