Born from a series of financial crises in the 20th century, the Federal Reserve, or Fed, controls monetary policy in the United States to ensure economic growth through maximum employment and fair pricing.

The 1913 Federal Reserve Act created the modern day Federal Reserve system. In this lecture we explain the basics of what the law did and how the Fed influences the economy. Perfect for APGOV students or anyone seeking an overview of US...

Now that we have discussed fiscal and monetary policy, we are ready to talk about central banks. What are they and why do they exist? What is the Federal Reserve System and what does it do? Let's get a brief introduction to this topic.

1. Car carrying US Federal Reserve Chairman Ben Bernanke arriving at Federal Reserve, security barrier closes

The US Federal Reserve has cut its target for a key interest rate to the lowest level on record and pledged t
o...

Natural Sound

The Federal Open Market Committee of the U-S Federal Reserve meets in Washington D-C on Tuesday to review interest rate po
licy.
Most experts predict the committee will raise a key interest rate by...

Washington, U.S.A. 30 June, 1999

1. Wide shot track Alan Gree
nspan
2. Mid shot "Federal Reserve Board
Building"
3. Wide shot Federal Reserve
Board Building
4. Opening of the New
York Stock...

Natural Sound

Fears about a harsh economic slowdown and continuing weakness in corporate earnings sent stocks sliding on the Nasdaq and the New York Stock Exchange, with the Dow industrials giving up...

Natural Sound

Experts are divided on whether the U-S Federal Reserve will raise short-term interest rates at its meeting on Tues
day.
The U-S economy has been remarkably robust with little evidence of...

6. WS Federal Reserve

7. MS top of Federal Re
serve
8. WS zoom to engraved "Federal
Reserve" <
br/>9. CU flags
10. WS Federal Reserve - zoom to engrav
ed "Federal Reserve"
11. W
S zoom to Federal Reserve
12. Pull...

1. Vehicle with Federal Reserve Chairman Ben Bernanke arrives

2. Various exteriors of Federal Reserve bui
lding
The US Federal Reserve slashed a key interest rate by three-quarters of a percentage point on Tuesday,...

1. Convoy of US Federal Reserve Chairman Ben Bernanke arriving at Federal Reserve building

US Federal Reserve Chairman Ben Bernanke was seen arriving at the Federal Reserve building on Wednesday, where the central bank...

1. Wide zoom in of exterior of Federal Reserve building

2. Former Federal Reserve Chairman Alan Greenspan in vehicle, car drives past sec
urity
3. Federal Reserve Chairman Ben Bernanke''s motorcad
e arriving
4. Various...

1. Wide shot of stock exchange

2. Close up on share prices on s
creen
3. Close up on monitor bearing Tokyo Stock Exc
hange logo
4. Pan ri
ght of monitors
5. Close up on monitor showing Nikkei stock...

1. Close up of rising points on electronic trading board

2. Wide of Tokyo stock exch
ange
3. Close of board showing tradi
ng figures
4. Wide o
f trading floor
5. Close up of tra
der on trading...

1. Close pull focus of Nikkei 225 figures

2. Wide of electronic board with share p
rices
3. Close of electronic board showing day's tra
ding graph
4. Wide tilt down of Tokyo
Stock Exchange
5. Close of...

HEADLINE: Stocks dive on worries of U.S. recession

CAPTION: Wall Street struggled to steady itself Tuesday, climbing back from an early plunge after the Federal Reserve implemented an emergency interest rate cut in hopes of...

1. Wide shot of US Federal Reserve building

2. Close-up of Federal Reserve Chairman Alan Greenspan's car arr
iving
US Federal Reserve policy-makers appear ready to ratchet down a key short-term interest rate to its lowest...

1. Mid-shot of Freddie Mac sign

2. Close-up on building entrance, pull out to wide of Freddie Mac bui
lding
3. Various of Freddi
e Mac sign
Shares in slumping US mortgage giants Fannie Mae and Freddie Mac opened...

1. Various of car transporting Federal Reserve Chairman Ben Bernanke arriving at Federal Reserve

The Federal Reserve, confronted with surging oil prices and a slumping housing market, cut a key interest rate by a...

AP Television

Washington, DC 28 October,
2008
1. Federal Chairman Ben Bernanke's limousine pulls into Federal Reserv
e driveway
US Federal Reserve Chairman Ben Bernanke and his colleagues began a two-day...

1. Exterior of the Federal Reserve Bank

2. Flags above the
bank
3. Police che
cking cars
4. Bom
b sniffing dogs
5. US Federal Reserve Chairman Ben Bernanke a
rriving in limousine
6. Pullout from security guard...

1. Various of Federal Reserve Chairman, Ben Bernanke arriving at Federal Reserve in black car

2. Various of Federal Reserve bui
lding
A serious bout of financial market instability has dramatically changed the debate at...

1. Exteriors of the US Federal Reserve Bank

2. Various of police officers posted outside the
bank
3. Mid
shot media
4. Various of outgoing chairman of the Federal Reserve Bank, Alan Greenspan,
arriving in...

1. Exterior wide US Federal Reserve Building

2. Flags on top of Federal Reserve Bui
lding
3. Limousine carrying Ben Bernanke, new chairman of the Federal Reserve Board, enters Federal Reserve Building, to attend his first...