The Fed and How It Got That Way Here is a quick history of the Federal Reserve and an overview of what it does. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content 16 Wall Street Cliches in 60 Seconds Pundits say a lot of things about the markets. Let's see if you can keep up. Best-Performing Asset Classes Bonds may outperform stocks one year only to have stocks rebound the next. Inflation and Your Portfolio Even low inflation rates can pose a threat to investment returns.