Newsletter

Then and now: Fed policy actions during the great depression and great recession

Abstract: Although the recent Great Recession was severe, its financial impact never paralleled that of the Great Depression. The November Newsletter compares these two economic downturns and shows how lessons learned in the Great Depression helped current Federal Reserve policymakers stabilize the economy during the recent economic crisis.

Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Liber8 Economic Information Newsletter

Publication Date: 2011

Issue: November