The Fed's monetary policy response to the current crisis

The Federal Reserve is employing all available tools to promote economic recovery and price stability by lowering borrowing costs and boosting credit availability. In particular, after lowering the federal funds rate to essentially zero, the Fed has turned to unconventional policy tools to help accomplish its goals.

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Year of publication:	2009
Authors:	Rudebusch, Glenn D.
Published in:	FRBSF Economic Letter. - Federal Reserve Bank of San Francisco. - 2009, 17
Publisher:	Federal Reserve Bank of San Francisco
Subject:	Monetary policy \| Financial crises

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Extent:	text/html application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

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