BC / ADBCE / CE

1913 CE

Federal Reserve Act and creation of the Federal Reserve System

Money, banking & finance · Banca central, regulación y liquidez

President Woodrow Wilson signed the Federal Reserve Act on 23 December 1913, creating a system with a central board and twelve regional banks. It responded to problems of currency elasticity and panics in the United States; its adoption did not make a central bank identical to European models or immediately solve all financial instability.

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Historical-era years; the source calendar is not identified. No conversion of days is assumed.
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Sources

  1. www.federalreserve.gov (opens in a new tab)
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    2026-09-23

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