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 | Related Content What Can a Million Dollars Buy You? $1 million in a diversified portfolio could help finance part of your retirement. TIPS for Inflation If you are concerned about inflation and expect short-term interest rates may increase, TIPS could be worth considering. How Compound Interest Works Use this calculator to better see the potential impact of compound interest on an asset.