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TiMELiNES

1935

Modern FOMC structure established

The Banking Act of 1935 created the Federal Open Market Committee in lasting form.

Canonical milestoneUnited States1 timeline

Context

Appears In

TimelineTimeline of the Federal Reserve System

Position 7

Authority

Sources

Federal Reserve HistoryConfidence 97%

Taxonomy

Tags

financeinstitutionmonetary-policy