The Federal Reserve responds to the Depression with easier money
In its report for 1932 the Federal Reserve Board described continuing a policy of monetary ease, including purchases of U.S. government securities.
What this does and does not establish
The Board describes its own actions in the United States during the Depression. This does not establish the effectiveness of its policy or date the start of the world crisis.
- Region
- Americas
- Theme
- Economy and exchange
- Kind of record
- Placed in a year. A source places this in one year. It is listed under that year; no day precision is invented.
How it is dated
- Date reference
- 1932
- How we use it
- The Board describes its own actions in the United States during the Depression. This does not establish the effectiveness of its policy or date the start of the world crisis.
The date reference is this project’s reading of the source’s date. It may give an era name, a reign or a calendar in a normalised form rather than in the source’s own words; the dating notes say what the source prints.
Dating notes from the research record
Year of the act or policy, as identified in the cited document or its institutional dating.
File names and line numbers in these notes, and in the limits above, refer to the project’s retained copies of the cited sources. Names such as calendar_headers are the project’s calendar look-ups, and “the investigator” is the research step that prepared the record.
Sources and quoted text
Line and character numbers under “Location” refer to the project’s retained copy of the source. For database rows, “Edition” names the batch of rows that was fetched together.
Source 1 · Supports the statement
Nineteenth Annual Report of the Federal Reserve Board, covering 1932
Federal Reserve Board
Quoted text (English)
continued to pursue the policy of monetary ease which it had followed since the beginning of the depression.Source credit and reuse conditions recorded for this source: U.S. federal official text, public domain in the United States (17 USC 105). Credit the named author and repository; text only, no images or seals.
Exact source version
248b27f549fcb9d233ba4b86e1386721176cad9ac8adaf63d8adf28127d8992eChecks and changes
Source checked 2026-11-13. An independent AI evidence review supports this bounded, attributed wording. That review does not guarantee historical truth. How records are checked
No correction has been made to this record’s statement or limits.
Revision tp20_slump
Exact revision fingerprint
00c8a78e5bf0bbeff3ea9146efe8afc252d139f309e3bc7999fdd96f0182710b