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Financial Alarm and Federal Reserve Response $320.00
Editors: Alexander L. Clark and Mason R. Williams
Book Description:
The Federal Reserve (Fed) has been central in the policy response to the financial turmoil that began in August 2007. It has sharply increased reserves to the banking system through open market operations and lowered the federal funds rate and discount rate on several occasions. Through new credit facilities, the Fed first expanded the scale of its lending to the banking system and then extended direct lending to non-bank financial firms. The latter marked the first since the Great Depression that firms that are not banks or members of the Federal Reserve System have been allowed to borrow directly from the Fed. This book explores the financial crisis and Federal Reserve Policy responses with a focus on the opportunities that exist to strengthen policies and processes for managing emergency assistance. (Imprint: Nova)

Table of Contents:

Financial Turmoil: Federal Reserve Policy Responses
(Marc Labonte)

Federal Reserve System: Opportunities Exist to Strengthen Policies and Processes for Managing Emergency Assistance


      Economic Issues, Problems and Perspectives
   Binding: ebook
   Pub. Date: 2012 1st quarter
   Pages: 7x10 (NBC - G)
   ISBN: 978-1-62100-662-6
   Status: AV
Status Code Description
AN Announcing
FM Formatting
PP Page Proofs
FP Final Production
EP Editorial Production
PR At Prepress
AP At Press
AV Available
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Financial Alarm and Federal Reserve Response