Creation of the Fed in 1912: Its Influential Role in the Markets
The United States Federal Reserve, known as the Fed, was established on December 23, 1912. Let's see how it influences global markets to this day.
FED
La Exuberancia Irracional de los Mercados: A 29 Años de la Memorable frase de Greenspan
On December 5, 1996, Alan Greenspan, chairman of the Federal Reserve, delivered a memorable speech in which he spoke of the "irrational exuberance" of the markets. Twenty-eight years after that speech, we recall the meaning of his words and see whether he was right or wrong.