In response to the recession of 2008, the US Federal Reserve Bank made several efforts to increase banks excess reserves, decrease interest rates for lending, and increase lending. These "extraordinary measures" have been somewhat controversial (at least among American politicians). Identify some of the effects of these efforts and/or some of their potential future impacts ?
In response to the recession of 2008, the US Federal Reserve Bank made several efforts to increase banks excess reserves, decrease interest rates for lending, and increase lending. These "extraordinary measures" have been somewhat controversial (at least among American politicians). Identify some of the effects of these efforts and/or some of their potential future impacts ?
Chapter16: Monetary Policy
Section: Chapter Questions
Problem 1SQP
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In response to the recession of 2008, the US Federal Reserve Bank made several efforts to increase banks
Identify some of the effects of these efforts and/or some of their potential future impacts ?
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