Creation of the Federal Reserve System
GPTKB entity
Statements (57)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
historical event
|
| gptkbp:air_traffic_control |
aims to control inflation
|
| gptkbp:amends |
has undergone several amendments
|
| gptkbp:CEO |
gptkb:Jerome_Powell
gptkb:Charles_S._Hamlin |
| gptkbp:challenges |
responds to financial crises
|
| gptkbp:collaborations |
engages in international cooperation with other central banks
|
| gptkbp:committee |
includes_the_Federal_Open_Market_Committee_(FOMC)
|
| gptkbp:community_engagement |
enforces_the_Community_Reinvestment_Act
|
| gptkbp:competitors |
conducts economic research and analysis
|
| gptkbp:currency |
issues_Federal_Reserve_notes
|
| gptkbp:date |
December 23, 1913
|
| gptkbp:economicActivity |
monitors economic indicators
provides economic forecasts |
| gptkbp:emergencyServices |
plays a role in crisis management
|
| gptkbp:established |
gptkb:Federal_Reserve_Act
|
| gptkbp:exportMarkets |
affects financial markets
|
| gptkbp:financial_aid |
contributes to economic stability
aims to promote publishes a financial stability report |
| gptkbp:financials |
promotes financial education
encourages financial innovation provides financial services to depository institutions oversees_the_U.S._banking_system |
| gptkbp:governing_body |
gptkb:Federal_Reserve_Board
supervises and regulates banking institutions |
| gptkbp:historicalContext |
created in response to the Panic of 1907
|
| https://www.w3.org/2000/01/rdf-schema#label |
Creation of the Federal Reserve System
|
| gptkbp:impact |
has_had_a_significant_historical_impact_on_the_U.S._economy
|
| gptkbp:independence |
operates independently within the government
|
| gptkbp:influence |
has global influence on monetary policy
|
| gptkbp:influenced |
banking panics
|
| gptkbp:interests |
influences through open market operations
|
| gptkbp:legacy |
has a lasting historical legacy.
|
| gptkbp:legislation |
Federal_Reserve_Act_of_1913
|
| gptkbp:location |
gptkb:United_States
|
| gptkbp:mandates |
has a dual mandate of maximum employment and stable prices
|
| gptkbp:market |
conducts open market operations
|
| gptkbp:notableFeature |
controls the money supply
|
| gptkbp:office |
promotes consumer protection in financial services
|
| gptkbp:paymentMethods |
facilitates the payment system
|
| gptkbp:policy |
uses various policy tools
influences_policy_decisions_in_the_U.S. |
| gptkbp:provides_access_to |
aims to maintain public confidence in the financial system
|
| gptkbp:public_perception |
shapes public perception of monetary policy
|
| gptkbp:publications |
produces research publications on economic issues
|
| gptkbp:purpose |
to provide the country with a safer, more flexible, and more stable monetary and financial system
|
| gptkbp:rateOfFire |
sets the discount rate
|
| gptkbp:reduces |
aims to reduce unemployment
|
| gptkbp:regulatoryCompliance |
overseeing and regulating banks
|
| gptkbp:requires |
establishes reserve requirements for banks
|
| gptkbp:responsibleFor |
ensures public accountability in its operations
|
| gptkbp:scholarships |
provides liquidity to banks
|
| gptkbp:significance |
established_the_central_banking_system_of_the_United_States
|
| gptkbp:structureType |
12 regional Federal Reserve Banks
|
| gptkbp:visibility |
increased transparency in monetary policy
|
| gptkbp:youth_development |
supports sustainable economic growth
|