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| Name | Why the Federal Reserve Controls So Much of the Economy | WSJ |
| Video Uploader | Video From The Wall Street Journal |
| Upload Date | This Video Uploaded At 25-07-2023 10:00:25 |
| Video Discription | The Federal Reserve is central to the U.S. economy today, and it’s controlled by just 12 people. Its monetary policies can lower inflation or even spark a recession. The central bank says it’s dedicated to achieving its goals set by Congress to maximize employment and maintain price stability, but some of its decisions like raising interest rates are not always popular with Americans. WSJ explains how the Fed became the power it is today and why it plays such a major role in the country. 0:00 Economic policies 1:02 The Fed’s creation 2:59 The FOMC’s creation 4:11 Great Inflation 6:18 Great Recession 8:07 Covid-19 News Explainers Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news. #Fed #Economy #WSJ |
| Category | News & Politics |
| Tags | fed | the federal reserve | what is the fed | fed explained | the fed's 109 year history | u.s. economyy | monetary policies | jerome powell | recession | central bank | congress | maximize employment | price stability | inflation rates | FOMC | great inflation | great recession | great depression | wsj | wsj explains | u.s. treasury | chair of the federal reserve | history of the fed | bank deposits | bank runs | bank failure 2023 | JP morgan | political leaders | federal reserve banks | usnews |
