Federal Reserve Monetary Policy

Over its more than 100-year history, the Federal Reserve has made significant innovations in the understanding and use of monetary policy. This timeline covers significant events in the development of the Fed's monetary policy tools, policies, and communication. The multicolored bars in the top row of the display provide context by showing recessions and other periods significant to U.S. economic history. The green dots in the second row show important events in the development of Federal Reserve monetary policy.

 Bars: Recessions and significant economic periods
 Dots: Monetary policy events

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Further Reading on Monetary Policy and its History

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Federal Reserve Monetary Policy. https://fraser.stlouisfed.org/timeline/monetary-policy-history, accessed on June 22, 2024.