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Published in TZ Latest News 13 August, 2016 by The TZ Newswire Staff

On This Day In 1914, The Fed For The First Time Ever Defnied It’s "Purpose" – The Outcome Was Ironic

As the Fed’s historical data service, FRASER, is kind enough to remind us, today is a historic day: on today’s date in 1914, the first Board of Governors of the Federal Reserve met.

On this day in 1914, the first Board of Governors meets https://t.co/T07gcOdwKo pic.twitter.com/6UJjcpnH4N

— FRASER (@FedFRASER) August 13, 2016

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