Keep in mind that Grover Cleveland signed the Interstate Commerce Act of 1887 which was the first power grab by the Fed to regulate industry.
Well, I would give James K. Polk partial credit.
Some good articles on Cleveland:
one (ignore the quips on modern foreign policy, his analysis of Cleveland's economic policies are spot on)
(Woodrow Wilson was originally a Bourbon Democrat, but rejected both the Bourbon Democrat commitment to protecting the gold standard and the Bryan camp's attempt to wreck American currency via silver in favor of creating the elitist Federal Reserve. Conservapedia's article on Wilson is far more favorable towards him than he deserves.)
James K Polk was probably the only President who managed to make good on every promise he made. Contrast him to the criminal vermin who occupy DC today.