EUR/USD, GBP/USD, USD/JPY: What 40+ Years of Fed Rate Cuts Tell Us About Trading Forex

 

The History of the Federal Reserve and Basics of Monetary Policy: The central bank of the United States, the Federal Reserve, dates back more than 110 years to 1913. The Fed was initially created to promote economic stability and break the cycle of frequent, recurring financial crises and widespread bank failures (1907, 1901, 1896, 1893, 1890, 1884, 1873…). At its core, the Federal Reserve system was designed to provide a more elastic currency, enhance fi.....See More